This page will track the performance of stocks I write about, including only the stocks I do a full write up on. Start date will be the day prior to my first write up. End date will be the day I update this page or the day I sell out of a stock (white or blue cells, respectively, in the "Current or Sold Date" column).
Take this all with a grain of salt because the stocks I write about have such low liquidity it may not be possible for anyone to ever buy them at the price they were before my write up. For many of my stocks you will not be able to buy or sell at the last traded price. For example SIMA jumped from $0.65 to $1.0 with the next trade after my blog post and has never looked back. But then again you may be able to buy for a much better price than I as some stocks get cut in half very quickly. Some stocks bounce up and down by 100% or more like QDLC, EKCS so picking the price on a single day does not tell the whole story. The percentage gain numbers will get very strange for some stocks like IOMT. But at least this gives you an idea of how my stocks generally perform.
As you can see this is a feast or famine way of investing. On the whole I expect to do well but I don't know which stocks will take off or which will slowly die so I'll buy a bunch and see how it goes.
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How much money do you put into each name? How long does it take to build a position....ReplyDelete
Your returns are ridicilous
Thanks. These are not my returns , these are the stock returns after I post about them. You can see my personal returns in my Portfolio Performance page.Delete
The reason I put up these Blog and Portfolio Performance pages is to give people a chance to evaluate if they think I know what I'm doing and how my stocks do
This page is meant to show people how the stocks I write about perform over time. You can see some take off right away and some do not. Some fall down to nothing and some go up. As you can see the average is higher than the median which tells you a lot of the performance comes from finding those few huge winners. That is part of my strategy, every once in a while I'll stumble onto something that goes way, way up
If you look at my Portfolio Performance posts you'll see my allocation between stocks. Normally I put a few percent of my portfolio into each stock.
It can take a really long time to get a position. It took 9 months for me to get my first SIMA shares. MGTC I think took almost a year. Took months to get PCYN. I have had an open order for IOMT shares literally sitting there open for years and every once in a while I pick up some shares. I had my DAAT post finished and waiting to hit the publish button for months, because I owned zero shares. Eventually I got sick of waiting and bought higher than I wanted then published...
I am wondering if you should not use the bid price for the current value of these stocks. Further, the blog posted price should be the ask price. I think you use the last traded price for both. I doubt that an investor can really sell for this price. For most of these stocks, the spread between bid and ask is very high so this can highly influence performance (e.g. by 20% or more).ReplyDelete
The last traded price is the only thing that's real so that's what I use. You are correct someone may not be able to buy or sell again for the last traded price and the same could be said for the big or ask price. The stocks are illiquid.Delete
Also there is no electronic bid/ask for grey market stocks. Try to look up bid/ask for IOMT or SIMA. Other stocks sometimes have no bid or no ask, that used to happen on COMX. So that's not an option.
However, the average performance was of course very good. As institutional investors cannot buy these stocks, the overperformance is likely to continue. Thank you for the overview, which means a lot of work for you. As your "reward", the coverage of these stocks could have a long-term price supporting effect due to higher investor awarness.Delete
Probably you could use the Piotroski F score to further improve your returns. It is described here:ReplyDelete
Thanks for the suggestion. That is too much for meDelete
For some stocks the score can be looked up e.g. on Gurufocus.com. A score of 9 is best and a score of 0 is worst. The factors that had the greatest impact on (positive) future performance were the following simple ratios:Delete
- positive operating cash flow and
- positive result (profit).
The level did not play a major role.
This is quite a concentrated portfolio now if someone replicates it. E.g. the weight of HEMA is about 63% and SIMA 16% (=1630%/10464%).ReplyDelete
Sorry, I got it wrong. You can't calculate it that way. However, the portfolio is still concentrated if you are currently replicating it.Delete
Well this wasn't really meant to be a portfolio but yeah you are right. I put this up here so readers can see how the stocks I write about perform over time.Delete
I'm just trying to help readers evaluate me. No bragging about winners while conveniently forgetting losers. This is all of them. A picture of how these stocks have done over time
How do you go about finding shares to look at? I am beginning to build my portfolio and wanted to ask if you had any tips on what kind of stuff to discover promising microcaps?ReplyDelete
I follow a lot of blogs and people on twitter. I talk with people. People email me ideas or questions about stocks. You can follow people on seeking alpha too. I keep a long list of stocks I've heard about and constantly look back through the list. Look for what once was lovedDelete
Ok thanks a lot, will follow your blog and bounce of ideas!Delete
No, 2020 performance? it stops at 2019?ReplyDelete
this is my blog posts performance and it continues to the current dayDelete
if you're talking about my portfolio performance page that will updated after my fiscal year ends in about a week
CTHR --I don't own this stock but I've been researching and following. So far, reasonably interesting with mostly positive numbers. Your take please?
Interesting thanks for the idea. I like the lab grown diamonds angle. More shares out than I'd like and same goes for market cap. Chart is OK but I'd rather buy at support at 1. priced over BV, over sales, and around 10x earnings so the cheapness is a game of what's the correct multiple which I don't want to play. I suppose the story depends on growth which is hard for me to judgeDelete
Thanks, I sincerely appreciate your input. From time to time (rarely) I come across special situations that you might find interesting. I’ll keep you posted.