9/24/10 Update
Was Wall Street prematurely celebrating a Republican sweep of Congress in November? Perhaps. But, whatever the reason, it was certainly a fun party this week and the TGIF toasts brought back memories of the good old days.
At Friday’s close, the Nasdaq Composite Index was up 4.94% YTD (vs. up 2.05% YTD a week ago), while the Nasdaq Biotech Index was up 7.29% YTD (vs. up 4.58% YTD a week ago). The Contest median was up 7.18% YTD (vs. up 3.54% YTD a week ago).
ROCKY’s portfolio (up 36.33% YTD) kept the Contest lead, while FILO's portfolio (up 25.97% YTD) barely held on to second place over third place WILDER’s portfolio (up 25.75% YTD).
At Friday's close, a remarkable 24 of the 32 Contest portfolios were in the black with 15 of the 32 beating the NBI.
Portfolio adjustments: PPCO was bought by Endo Pharmaceuticals for $5 per share. I used this Friday’s (9/24) closing prices for the reallocation. RKRW’s portfolio (which has now crept up to fourth place) was the sole holder of PPCO.
Below is the Top Ten list. Also below are the Top 5 & Bottom 5 Stocks ranked by % Gained and % Lost for the week (foreign stock prices are not converted to US$ in these two tables).
Have a great first Fall weekend biotechies!
(All corrections, especially adjustments for splits, greatly appreciated.)
9/24/10
Rank Name Profit/Loss
1 ROCKY 36,330
2 FILO 25,966
3 WILDER 25,745
4 RKRW 19,136
5 GHMM 18,672
6 FRED 18,479
7 MOPGCW 18,244
8 DEWDIL 13,890
9 GEORGIA 12,643
10 TUCK 12,436
Week's Top 5 Gainers
Symbol 9/17 9/24 % change
BNVID 1.25 1.79 43.20%
GNVC 0.50 0.62 23.00%
HLCS 0.47 0.58 22.75%
RVX.TO 3.94 4.72 19.80%
CYCC 1.45 1.73 19.31%
Week's Top 5 Losers
Symbol 9/17 9/24 % change
VICL 3.71 2.27 -38.81%
ARNA 1.99 1.61 -19.10%
SLN.L 11.45 9.50 -17.03%
ONTY 3.81 3.30 -13.39%
ATRC 8.55 7.76 -9.24% |
