50% Portfolio, one month later...
On 9/15/09, I made a list of 13 stocks I said will have a 50% gain (each one of them) within 3 months or less (see the original post here).
Yesterday, MNI was the first stock to reach its 50% gain since I created the list a month ago. Actually, at yesterday's $4.02 closing price, MNI was up 60%. However, today, after the earnings announcement, it did pull back 14%. Still, my 50% gain target was achieved in less than 3 months...
Today, sometime in the afternoon, FTWR was the second stock to reach its 50% gain, but it couldn't keep it at the end of the day. As FTWR closed "only" 45.3% up from its price on 9/15/09, when my list was created, we are not going to count FTWR as the second 50%-er as of yet...
Here is the update for the whole list:
OMN up 45.8%
FTWR up 45.3%
MNI up 39.4% (MNI reached it's 50% gain on 10/14/09 when it closed at $4.02)
CNO up 35.4%
BLC up 32.0%
ODP up 26.0%
TA up 23.6%
BPOP up 21.6%
NNBR up 20.6%
THC up 4.4%
PWAV down 0.6%
CPE down 2.4%
CMRG down 9.0%
The whole 50% portfolio up 21.8% (if same amount of money invested in each stock)
S&P 500 up 4.5%
To be continued...