The performance low of my "fund" (see here) in December was at around -20%. Today the performance should easily reach the greater than 30% zone thanks to news on AAPL and ILMN.
80 -> 130 is a gain of 62.5%, so the fund manager (I) did alright, I guess (yeay!). I have reduced the "leverage" of the fund in the last few weeks. The composition currently looks like this.
current value of the long positions: l ≈ $11.7 M
current value of the short positions (IWM, SPY, VMW): s ≈ -$7.1 M
cash: c ≈ -$0.2 M
-> l + s + c ≈ $4.4 M.
The fund started with $3.4 M on March 8, 2010.
Apple Reports First Quarter Results
Roche offers to acquire all outstanding shares of Illumina, Inc. to further strengthen its leading role in diagnostics
There are currently 320/1300 AAPL/ILMN shares in the fund with break-even of around 155.71/41.81 USD.