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Just curious what everybody's best and worst stock purchases were so far this year?
My best performers were SCSS(sold for almost a double) and INFA(still own it).
My worst performer has been GW(down 14%), but I'm still hoping for a strong come back. Winter is coming and I think it will be a very cold one this year. Natural gas stocks should start to rise again.
What are your best and worst performing stocks so far this year?
CSHD made me the largest gain in the shortest time.
Since finding this forum I have decided to split my portfolio 50-50. Half will be large stocks which I have JNJ, YHOO, HPQ, UNH, MCX & MOVI (don't ask on MOVI). The other half will be geared on research based on recommendations posted here which I currently own IDWD, POIG, ECFL, CSHD.
I bought Compaq shares god knows how long ago and have been riding the wave ever since, I just keep kicking myself for not putting more money into them. I bought them at $13 each so I have tripled my money since HP bought them.
YHOO is killing me -23% and MOVI at -40%...but I just can't bring myself to sell (esp YHOO).
UNH was down around the -50% area but its been recovering and now its at -13%.
JNJ is a stayer...absolutely no fluxuation, I wish it would go up a little...even 5% and I would sell it. I have a feeling that any bad news from these guys would severely impact it.
Had a great spring in the patch, stocks and options, calls til cvx 2q then the other side til a month ago now back in calls. Huge hit in the pennies with CHDT then gave back a piece, UDTT cost me a few k. Been in the financials pretty heavy since GS 2q was a monster, bought a bit of MER as well at 69 and she's looking real good. (MER announces within the hour and I have 50 nov80 calls which look to be a good bet). Recently pocketted a bunch on SPLS oct 25 calls.
best: MER and ANF (tied)
Worst: PWAV ( down 50%, luckily was a small position)
Morgan Stanley India Investment Fund near the top (IIF)
Amgen and ELOS at the middle
Nabors towards the bottom
Total: down 2%
I wish I would have bought some shares of GS when Cramer mentioned it on his show over a year ago. The stock at that time was in the low $90s.
It always hard to sell losers. I think that's the hardest thing for investors to learn. I guess people in general are stubborn and don't want to believe they were wrong and made a mistake. So they compound the problem by holding and watching the stock fall some more. I still have a problem with selling losers quickly enough(I rationalize that I was a little early in buying), but I'm starting to learn. I don't want to be a stuckholder anymore. Like Warren Buffet says: Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
Best : SWHC Smith & Wesson Holding up +220%
Worst : BMD Birch Mountain Resources Ltd. - 12%
BMD is off more than 50% for the year, but it pays to get out when a stock drops below your stop limit. I can't imagine holding onto a stock that has dropped 50%.
