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Momentum21 (96.14)

Current M21 RL Positions - Jan 2011

Recs

6

January 03, 2011 – Comments (31) | RELATED TICKERS: RJET , MSFT , ATPAQ

Continued from here:

T 5.88% RJET 5.78% MSFT 5.25% ATPG 5.03% ABT 4.54% GLCH 4.45% STD 4.10% NYT3.68% USB 3.05% EMC 3.01% CSR 3.01% HEAT 2.98% AZN 2.66% NBG 2.53% ADBE 2.31%CSCO 2.28% HRB 2.24% TSYS 2.19% MWA 2.02% IKAN 2.02% IRE 1.99% DVOX 1.93% NEXS1.93% KV-A 1.92% VICL 1.90% ALNY 1.85% ZSL 1.85% TNCC 1.83% DSCOD 1.71% ALXA1.64% IDRA 1.63% ANDS 1.60% EXAS 1.57% MAXY 1.48% DJSP 1.35% GNK 1.35%SAYCY.PK 1.32% ARNA 1.29% BGP 0.85%

For 2011: 

* limit total number of positions

* trade a bit less (not necessarily because of fees, I get $2 trades)

* keep track cash in and out to measure against the benchmarks

* don't lose money : )

In 2010 the fund produced a 26.4% return although I had cash coming in throughout the year so I am not yet convinced this is a reasonable return relative to the risk assumed.   

 

31 Comments – Post Your Own

#1) On January 03, 2011 at 3:28 PM, dragonLZ (99.59) wrote:

Good Luck in 2011, Momentum.

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#2) On January 03, 2011 at 3:56 PM, Momentum21 (96.14) wrote:

Thanks dragon...you too!

- Sold 50% GLCH@ 2.50 

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#3) On January 03, 2011 at 11:02 PM, checklist34 (99.69) wrote:

idon't know all those tickers, but i am long rjet (about 7%), USB (1%), NBG (very small because i tax loss sold, may get back in), T (stock and options, >5%), ATPG (3-4%), and DSCOD (<1%). 

I think oil prices are a risk to rjet in what is otherwise turning out to be a very promising story, although not that great of pps performance thus far. 

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#4) On January 03, 2011 at 11:19 PM, Momentum21 (96.14) wrote:

checklist34 (99.76) - I think you are the one that gave me the RJET idea about 18 months ago.

There are many things to worry about with them but they are also a very different company then they were when we bought them. And I have talked myself into this being a good thing... : )

If one was thinking "double-dip" he or she would not be holding RJET right now. That is not on my high probability list so I am going to roll with them! 

 

 

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#5) On January 04, 2011 at 12:52 PM, Momentum21 (96.14) wrote:

doubled CSCO position @ 20.43 (my "cash from the sideline") 

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#6) On January 04, 2011 at 1:50 PM, Momentum21 (96.14) wrote:

already broke a resolution by adding a position. 

- initiated a position in MDC @ 27.99 

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#7) On January 04, 2011 at 2:04 PM, Momentum22 (29.77) wrote:

- doubled BGP @ .860

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#8) On January 07, 2011 at 9:41 AM, Momentum21 (96.14) wrote:

increased STD position by 50% @ $9.95 (my purchase price back in May as well)

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#9) On January 07, 2011 at 10:07 AM, Momentum21 (96.14) wrote:

- added LOCM @ 5.59 (about 1.75%)

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#10) On January 07, 2011 at 12:53 PM, Momentum21 (96.14) wrote:

- doubled KV_A @ 2.03 (down 20% today)

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#11) On January 07, 2011 at 2:01 PM, Momentum21 (96.14) wrote:

- sold off #10 @2.24

- added TSON @ 2.97 (major fade going on from high of $3.74)

http://biz.yahoo.com/e/110107/tson8-k.html

it was more attractive when I started watching at $2.00 : ) 

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#12) On January 07, 2011 at 4:14 PM, Momentum21 (96.14) wrote:

sold BGP #7 @ .93

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#13) On January 10, 2011 at 10:00 AM, Momentum21 (96.14) wrote:

- sold all ADBE @ 32.32

- double DSCOD @ 3.18 

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#14) On January 10, 2011 at 10:20 AM, Momentum21 (96.14) wrote:

- sold all of DVOX @ 5.09 

DVOX was 11.8% gain bought 11/10

ADBE was 23.1% gain bought 9/10 

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#15) On January 10, 2011 at 10:32 AM, Momentum21 (96.14) wrote:

sold the balance of BGP @ .89

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#16) On January 10, 2011 at 11:11 AM, Momentum21 (96.14) wrote:

Sold all of the ZSL hedge @ 11.10 (10% gain)

Sold 50% of ALXA @ 1.28 

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#17) On January 12, 2011 at 9:50 AM, Momentum21 (96.14) wrote:

back into the KVA at $1.65...rough morning so far for these guys

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#18) On January 12, 2011 at 10:05 AM, Momentum21 (96.14) wrote:

- sold 50% of that KVA lot at 1.85

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#19) On January 13, 2011 at 3:38 PM, Momentum21 (96.14) wrote:

- SOLD all of IRE @ 2.51

- SOLD 1/2 of EMC @ 24.05

- SOLD 1/4 of HEAT @ 5.38

- Sold 1/4 of DSCOD @3.42 

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#20) On January 14, 2011 at 11:49 AM, Momentum21 (96.14) wrote:

Bought HAWK @ 7.58 (2% or so)

Cheering on ALXA and TSON (LOCM as well but it has headed south) 

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#21) On January 14, 2011 at 12:17 PM, Momentum21 (96.14) wrote:

Sold ALL of ALXA @ 1.64 - it has been a good run but it is time to say goodbye. I will be cheering it on...

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#22) On January 14, 2011 at 2:05 PM, Momentum21 (96.14) wrote:

Bought some RXII @ 2.19 ( a lower low than December but I liked the pick up in activity down here) : )

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#23) On January 21, 2011 at 11:30 AM, Momentum21 (96.14) wrote:

Sold all of TNCC @ 5.12 (thanks to Jakila for that one)

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#24) On January 21, 2011 at 3:57 PM, Momentum21 (96.14) wrote:

added to HAWK @ 6.99

double GNK @ $13.32 

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#25) On January 25, 2011 at 10:07 AM, Momentum21 (96.14) wrote:

bought SVNT @ $10.29

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#26) On January 25, 2011 at 11:22 AM, Momentum21 (96.14) wrote:

doubled the double of GNK @ 11.83...shipping getting abused today! yikes 

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#27) On January 25, 2011 at 11:48 AM, Momentum21 (96.14) wrote:

sold ALL of KVA - I had enough fun there

picked up some AIB @.751 because I had to honor the 52 week low.   

frying pan to the fire... : ) 

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#28) On January 27, 2011 at 12:11 PM, Momentum21 (96.14) wrote:

bought MNTA @ 12.89 (2% or so)

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#29) On January 27, 2011 at 1:30 PM, Momentum21 (96.14) wrote:

bought MRNA@ 1.09 (2%)

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#30) On January 28, 2011 at 4:29 PM, Momentum21 (96.14) wrote:

added to RXII ($1.88) and ARNA ($1.69)

"the fund" was down 2.76% today. S&P down 1.79% 

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#31) On February 02, 2011 at 12:19 AM, Momentum21 (96.14) wrote:

STD 6.62% T 5.08% MSFT 4.79% ATPG 4.73% RJET 4.71% CSCO 4.41% GNK 3.94% ABT 3.90% HAWK 3.75% NYT 3.55% DSCO 3.24% USB 2.85% NBG 2.84% AZN 2.59% CSR 2.50% ARNA 2.30% MNTA 2.21% HRB 2.17% NEXS 2.05% MWA 1.94% RXII 1.91% MRNA 1.85% GLCH 1.84% TSYS 1.82% ALNY 1.76% VICL 1.73% HEAT 1.71% IKAN 1.68% SVNT 1.57% IDRA 1.44% EXAS 1.41% MAXY 1.40% LOCM 1.38% ANDS 1.30% EMC 1.30% AIB 1.23% TSON 1.20% SAYCY.PK 1.14% MDC 1.08% DJSP 1.05%

I added some DSCO today.

Jan rate of return was about -2.5% and I brought in more outside cash to make my true return calculation a real pain.

As of today I will consider myself 100% invested. So it is time to raise cash for a rainy day.

40 tickers...I need to fall out of love with a few. I can spot a couple... : ) 

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