JUNE 15th DAILY ACTIVITY and OVERALL PERFORMANCE
Covered all MFNX at 3.21 +2.20
Covered all WGAT at 4.55 +2.30
Sold all EMLX at 30.75 -3.76
Sold 1/2 position HBIO at 9.35 +1.55
Sold 1/2 position HBIO at 9.50 +1.50
Sold full position HBIO at 10.00 +2.00
Shorted 3/4 position PLMD at 33.90
Delivered TIVO 10K shares at 6.30 -.78
Closed TIVO naked June 5 calls 50 contracts +1.58 (at 1.30 from 2.88)
Closed TIVO naked June 5 calls 50 contracts +5.10 (at 1.30 from 6.40)
Another great day today, as HBIO double long shares turned to gold.
MRVC, CWON and EMLX were the only 3 stocks that went against me today for anything meaningful.
Finally my TIVO 100 contacts of June 5 naked calls were closed at todays expiration and my 10K shares long of TIVO were delivered.
Total realized profit on these 100 contracts was $33,400 and is finally being added into my overall totals today.
Profit of $68,393 or 3.70% for the day.
Profit of $84,619 or 4.62% for the week.
Profit of $200,228 or 11.66% for the month of June.
Overall Performance since April 28, 2001:
Potfolio value is $1,918,177
Portfolio is plus $418,177 or +27.88%
I am currently about 3 to 2 to the short side
(approximately 311K long and 491K short, 61% vs 39% to the short)
Portfolio is 42% invested
Total realized gains since April 28, 2001 are $448,263
In 34 trading days since inception I am averaging a gain of 0.82% per trading day. (annualized thats 205%)
27 out of 34 profitable trading days.
Link for Current Holdings:
siliconinvestor.com
The link above mirrors my personal portfolio exactly.
On April 28, 2001 the portfolio was valued at 1.5 million
A full position represents 6% of portfolio or $100,000
At the end of each month, I dollar cost average 1/2 my profits into value mutual funds.
The portfolio is managed like a hedge fund. (a mix of value longs and overextended, overvalued shorts)
I try to limit my loses to 8-10% maximum and most of the time much smaller, based on a full position.
Many Happy Returns
traderpulse.com;
Michail |
