Tuesday, March 8, 2011

Monster Portfolio 2011 Week 8 Results

MONSTER PORTFOLIO 2011

Balance: Inception 01/07/11
$1977.32 Stock
$13.65 Cash
Total $1990.97

Balance: Week 8 03/07/11
$2124.39 Stock
$7.16 Cash
Total $2,131.55

Current Holdings:
Apple (AAPL)
Cosi Inc. (COSI)
Weatherford International (WFT)

Excluding cash inflow of $136.00 we have a balance of $1,995.55. Finally the Monster Portfolio 2011 is back in the black! The portfolio is up $4.58! Hey I’ll take it. After taking a beating back on week 2 I have managed to gain some traction. As you can see I have a new holding in my portfolio and that bad boy is Weatherford International (WFT) Yes! I love trading this company. It just so happens WFT was torched on Wednesday of last week, due to the incorrect tax calculations on earnings from 2007-2010. Not to worry as this issue will be addressed. We don’t care about the past, but the future of WFT. The future is a higher stock price. I snatched of some stock with the cash I had on hand on Wednesday during the weakness. I wish I could buy more, but my funds are tied up with other companies. WFT is still a buy and if I was you I would buy some Weatherford International.

Since Inception: +.02% overall

Have a great night!

Clay-

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