After a fairly long hiatus from following The Motley Fool, CAPS, and, to some extent, my personal portfolio, I have once again entered into the waters. I was glad to see that I had racked up some fairly high scores with some of my ancient picks. I was also glad to see that I was still ranked as an "All Star" although I was surprised considering how little attention I had paid to CAPS over the last while. [more]
I should start off by saying that I have not had a lot of success with Viropharma. This company was one of my very first individual stock purchases back when Pleconaril was being touted as a possible cure for the common cold. I bought a few shares at $64.69. Within a month and a half, the price had gone up into the $90’s. “Hey, this investing stuff is great,” I thought to myself. So I bought more shares at $95. It was about that time that the FDA rejected their bid to market Pleconaril. A month later VPHM had fallen to the $15 range. [more]
I feel like I am on a roller coaster. At least I'm back in positive territory after a huge dip into the negative. I'm also back in the all star list after a dip into the 30's. I'm glad my real life portfolio isn't this volatile. I don't think I could stomach it.
I thought I would finally expand on the various strategies that I have used in the past several months. [more]
Starting in November, I have changed my strategy, not once, not twice, but at least three times. Part of my strategy has been to increase my number of picks to allow for greater point gains per day. Of course, the downside is that on bad days, I also lose more points, as you can see from the graph of my score. It looks like a seismograph recording an earthquake. [more]