Stocks: Week end 07/18/08
So in the last 2-3 weeks my stocks have gone down the drain. Well, the main difference is the fact that my once large gains with EP and NBR have dropped considerable, and FRO continues to be as high variance as ever. The others haven’t really changed much, although since I last wrote a summary I have since purchased more MTW at $30 a share and it then dropped another 15% from that point.
I don’t think my stocks are all that bad really, the market itself was down just as much as my portfolio, whether or not I’d have sold my gains is another story.
Basis: $11686.29
+ $141 Gain from ESV Sale
+ $110 Dividend from FRO
+ $20 Cash
Total Account Value: $10912.20
Net Loss: -$774.09
I told you guys I had a huge downswing lol. I went from + $800 to -$1000 in 3 weeks, a net change of over 15%. And I’m diversified! I do have the ability to buy more stocks on margin if I think the market will get better (and I do). I’ll have to do a recap too to actually see if I do want to buy any more of my positions.
