CIB, VIT, TQNT, NTES, SRCL and AGP sold today

[mrmarket]

Today I sold:

CIB @ 68.67 for an 11% gain.
VIT @ 12.82 for a 66% loss
TQNT @ 4.97 for a 65% loss
NTES @ 59.99 for a 12% gain
SRCL @ 87.60 for a 4% loss
AGP @ 62.56 for a 10% loss
TRCR @ 29.50 for a 0% gain (sold due to aquisition)

That means for my last 43 picks, I had 39 winners and only 4 losers. 38 of the winners were double digit winners. Only 3 of the losers were double digit losers.

Not a bad streak..... I'm starting a new one. Let me know if you have any questions.

I am HUGE!

[Evan]

What made you sell them all at once? Is this "Sell in May and go away?"

[mrmarket]

What made you sell them all at once? Is this "Sell in May and go away?"

Time to make room in my portfolio

[Deaddog]

I know we have discussed this previously and I know you were reluctant to do so in the past but seeing as how you are starting over any chance that you could give us the percentage of your portfolio that you have invested in each stock?

Now I don’t care how much money you invest or the number of shares you buy that is none of my business. But it would be interesting to see how you manage your portfolio.

Why do I need to know? Well I guess I really don’t. Our investing styles are different and I don’t think either of us will change. However I like to keep an open mind and there’s a good possibility I could learn something.

Why would you want to go to the trouble of letting us know? So that besides being able to brag about the number of winners in a row you would be able to show that superior stock picking is really worth while. Right now we have to assume that you hold equal sized positions. I know you don’t but since you won’t tell us we have to make assumptions. Based on that your realized return (since I have been tracking you in Oct. 2010) has been 18.1%. Pretty damn good you say. However had you bought the S&P in Oct. 2010; today you would have been up 22%.

Position size probably makes up the difference but we don’t know that because you won’t tell us.

[joshcord]

Wow, that was a tough question by DD. My 2 are simpler...

1) You sold Rost and had it in your last streak before this house cleaning. You sold off all the losers (to reset your streak?, smart); But why doesn't ROST remain in that last streak as opposed to being #1 of this one? Not that I care much b/c your hugeness overshadows it's importance.

2) AGP: Any thoughts on why this one? You were down 10%; I am down 5% and not sure what to do with it??? Thoughts on its future? Would you have sold if down just 5%?

Thanks your hugeness! Nice Nice Run!

[Deaddog]

Why did you hold on to UNH and PRGO?
Both of these were purchased in July last year. About of 40 weeks ago; give or take a couple weeks. Just a bit over your 4 to 6 week target;

Which brings up another question; why have 4 to 6 week targets if you’re willing to hold a stock until someone else makes you sell it?

[ronbo64]

I did a 100 share scenario and I would have made 35348 after everything was said and done. And that total was figured yesterday. I hope my math was correct. I would say that was a very freakin huge year. Keep up the great work Mr market. You truly are "HUGE"

[mrmarket]

I know we have discussed this previously and I know you were reluctant to do so in the past but seeing as how you are starting over any chance that you could give us the percentage of your portfolio that you have invested in each stock?

Now I don’t care how much money you invest or the number of shares you buy that is none of my business. But it would be interesting to see how you manage your portfolio.

Why do I need to know? Well I guess I really don’t. Our investing styles are different and I don’t think either of us will change. However I like to keep an open mind and there’s a good possibility I could learn something.

Why would you want to go to the trouble of letting us know? So that besides being able to brag about the number of winners in a row you would be able to show that superior stock picking is really worth while. Right now we have to assume that you hold equal sized positions. I know you don’t but since you won’t tell us we have to make assumptions. Based on that your realized return (since I have been tracking you in Oct. 2010) has been 18.1%. Pretty damn good you say. However had you bought the S&P in Oct. 2010; today you would have been up 22%.

Position size probably makes up the difference but we don’t know that because you won’t tell us.

It depends. If I like a stock a lot going in, I buy a lot of it. If I really like a stock, I buy a ton of it. If I like a stock but don't like the market conditions, I buy less.

I significantly outperformed the S&P 500 during the period of my last streak.

[mrmarket]

Wow, that was a tough question by DD. My 2 are simpler...

1) You sold Rost and had it in your last streak before this house cleaning. You sold off all the losers (to reset your streak?, smart); But why doesn't ROST remain in that last streak as opposed to being #1 of this one? Not that I care much b/c your hugeness overshadows it's importance.

2) AGP: Any thoughts on why this one? You were down 10%; I am down 5% and not sure what to do with it??? Thoughts on its future? Would you have sold if down just 5%?

Thanks your hugeness! Nice Nice Run!

I bought ROST after I bought TRCR, which was my last position in the old streak. ROST is my first winner in the new streak.

AGP is a great stock..steady eddy earnings, but I don't love it any more...lots of good stuff out there now.

[mrmarket]

Why did you hold on to UNH and PRGO?
Both of these were purchased in July last year. About of 40 weeks ago; give or take a couple weeks. Just a bit over your 4 to 6 week target;

Which brings up another question; why have 4 to 6 week targets if you’re willing to hold a stock until someone else makes you sell it?

I like UNH and PRGO..they will hit my target soon. On average, I sell my stocks within 4 to 6 weeks. Go back and check the data over the last 20 years I have been showing my picks on the internet.

Don't forget compounding when you calculate your returns