MONSTER PORTFOLIO 2011
Balance: Inception 01/07/11
$1977.32 Stock
$13.65 Cash
Total $1990.97
Balance: End of Week 20 06/03/11
$2,140.78 Stock
$68.17 Cash
Total $2,208.95
Excluding cash inflow of $378.00 we have a balance of $1,830.95
Since Inception: -8.03%
Not much to say. Stocks are getting punished! The market as a whole is moving in a downward trend. Westport Innovations (WPRT) reports earnings this morning. Not much has been released just yet. However, they did announce that they have the intent to acquire Emer S.p.A. of Italy for approx. $39.6 million US according to yahoo finance. http://finance.yahoo.com/news/Westport-Announces-Intention-prnews-3165660218.html?x=0&.v=11
I'm interested to see how this acquisition is going to pan out. Westport has their conference call at 11:00 today and will cover their recent financial results for this quarter and the recent intent to acquire Emer S.p.A. I will keep you posted. I'm very interested in this call. I'm confident WPRT will have great things to say about the progress of their company. Let's make money!!!!
Turnaround Challenge
Goal $352.91
Current $-6.21/352.91
% of Goal -1.76%
Current Holdings:
Apple (AAPL)
Cosi Inc. (COSI)
Weatherford International (WFT)
Westport Innovations (WPRT)
Clay-
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