The Pocket Change Portfolio- Results,
Well I started ""The Pocket Change Portfolio" on 1/26/16. To date as of 2:15pm today results are as follows. Simple return = +10.14 %, ROCAR= 14.27%, and Avg at Risk is 71.05%. Portfolio consisted of LSG, CLGRF, GORO, KIQ, and IGXT. Currently down to 4 stocks now as LSG has a take over offer, and I liquidated that position and rolled it into the GORO and CLGRF positions. So far 6 Buys, 3 Sells, and 2 Vealies. I currently have 11 more "pocket change stocks" on the radar list. Those 11, or some of them, will be added soon. Thought this might take a few weeks and of course it has done just that. Volatility on stocks this small can be insane, plus there's several on the list of 11 yet to come that have liqudity issues, not much volume. I'm kinda doing the 80/20 4th edition model with a Buy Safe of 10%, and a Sell Safe of 0%. Although, I have pulled 2 Vealies already, and bumped up my portfolio control. Profit from your ideas!
Profit from your ideas!
