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reddingrunner (97.48)

HTO portfolio report: A volatile draw.

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April 19, 2013 – Comments (3) | RELATED TICKERS: SBGI , DNZOY , TLSYY

For the week, my High TurnOver portfolio was down 2.03%, virtually identical with the index's loss of 2.07%.

I beat the market by a lot on the up days, lost (by a lot on Monday, by a little on Wed & Thur) on the down days.

I'm still down by almost 1% for the month after beating the index by 3% in March.  

My plan was to hold 24-33 stocks and I was up to 32.  I decided last weekend to lower my maximum to 30 and probably less.  Since I am going to sell two per week, the number of stocks held determines my average holding time:  26 stocks, trading out 2 per week, would result in an average holding time of 13 weeks (3 months).

So I dumped a bunch of stocks at the beginning of the week: TLSNY, PFLT, TSBK, CYOU & FFCH.  I ended up adding TLSYY, DNZOY, HMNF and SBGI.  That brought me down from 31 to 30 stocks.  I'll try to get it down to at least 28 by the end of the month.  We're still in transition, looking for the sweet spot.  First I was selling too soon, lately my more recent picks have been outperforming my older picks.

Current holdings:

HMNF, SBGI, DNZOY, TLSYY, NAVG, ACY, IP, PIKE, MX, WX, SWY, ADUS, ARII, MPC, SYMC, CLRO, OTTR, HSNGY, SRT, NRF, CRD-B, CLMT, AHS, LCI, UBSH, PTP, ROCK, FIBK, SMP, WHR.  

3 Comments – Post Your Own

#1) On April 20, 2013 at 12:55 PM, jiltin (22.22) wrote:

I am trying to pick few of these SRT  CRD.B  CLRO  NRF  LCI  AHS  PIKE

 Is it long term or short term (as you said dumping)? Can you provide some idea how do you pick these stocks? What about of health of these picks (the seven I picked)?

 Thanks

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#2) On April 20, 2013 at 12:56 PM, jiltin (22.22) wrote:

SRT is interesting too

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#3) On April 21, 2013 at 9:36 PM, reddingrunner (97.48) wrote:

I am not revealing my methodology at this time, I just provide my picks for others to look at and make their own decisions.  I AM looking for stocks that have both excellent short-term and excellent long-term prospects and I screen them rather thoroughly and try to eliminate those that have the most negatives (e.g. high P/B, etc) regardless of how many other positives they might have.  The three in my portfolio with the current highest scores are SWY, LCI and PTP.  Of the seven above, CRD.B, CLRO, NRF, AHS and PIKE are all currently "holds", SRT and LCI are still strong buys.  Monday I am selling UBSH and replacing it with IBCP.  I will probably be selling SYMC or OTTR (or both) later this week. 

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