Five Or The Bride?

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  • Peter Hansen
    Banned
    • Jul 2005
    • 3968

    Five Or The Bride?

    Ladies and Gentlemen: I set up a hypothetical AOL account with with 2 portfolios, each with 500 K ,using closing prices on 7/22/05. 500K was placed into KBH and 500K in the other portfolio split evenly between BMHC,ELOS,HOV, KBH, and MTH. On the close of 8/1/05 the portfolios were worth.... KBH ONLY portfolio LOSS of $11,694.63 (-2.34) and the The group of FIVE portfolio as follows, BMHC +$664.77, ELOS +$6798.55, HOV -$1781.40, KBH -$2347.71, MTH +$9894.87 for a total gain of $13222.03 +2.65%. What does all this prove?....probably not much , as the time period was extremely short. It may indicate that diversity could be the way to go?
  • dmk112
    Senior Member
    • Nov 2004
    • 1759

    #2
    Originally posted by Peter Hansen
    Ladies and Gentlemen: I set up a hypothetical AOL account with with 2 portfolios, each with 500 K ,using closing prices on 7/22/05. 500K was placed into KBH and 500K in the other portfolio split evenly between BMHC,ELOS,HOV, KBH, and MTH. On the close of 8/1/05 the portfolios were worth.... KBH ONLY portfolio LOSS of $11,694.63 (-2.34) and the The group of FIVE portfolio as follows, BMHC +$664.77, ELOS +$6798.55, HOV -$1781.40, KBH -$2347.71, MTH +$9894.87 for a total gain of $13222.03 +2.65%. What does all this prove?....probably not much , as the time period was extremely short. It may indicate that diversity could be the way to go?

    I don't think you can base this on a singe instance, the rule of thumb is the more safer you want to be the more diversified you need to be but then again if you're very diversified you probably will not make much $$$...
    http://twitter.com/DMK112

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    • grebnet
      Moderated
      • Oct 2003
      • 389

      #3
      I like this watch.

      Did you buy the bride at the price MM did ? and how did you pick the other prices ? I would be interested to see this repeated in the future. Could also do a retrospective look .

      Id follow the thread.....

      Comment

      • Peter Hansen
        Banned
        • Jul 2005
        • 3968

        #4
        grebnet

        Originally posted by grebnet
        Did you buy the bride at the price MM did ? and how did you pick the other prices ? I would be interested to see this repeated in the future. Could also do a retrospective look .

        Id follow the thread.....
        Grebnet,

        All prices used were the close prices on 7/22/05 and 8/1/05. I am not sure what Mr M paid. I did this to be consistent. I will do it for the next data dump! The August Data Dump!
        Last edited by Peter Hansen; 08-03-2005, 08:01 AM. Reason: Spelling Error

        Comment

        • jiesen
          Senior Member
          • Sep 2003
          • 5319

          #5
          Originally posted by grebnet
          Did you buy the bride at the price MM did ? and how did you pick the other prices ? I would be interested to see this repeated in the future. Could also do a retrospective look .

          Id follow the thread.....
          Definitely worth doing a retrospective look. I know from watching the "bridesmaids" stocks in the past that many have done just as well or better than the pick, but some have been real stinkers, too. Would be worth knowing if picking a basket of them is a better way to go or not. I've actually made out pretty well on a few of these "not quite $$MM" picks- NGPS RRGB ACRG.OB come to mind, but I've bought a couple others as well...

          Comment

          • New-born baby
            Senior Member
            • Apr 2004
            • 6095

            #6
            Eng

            Originally posted by jiesen
            Definitely worth doing a retrospective look. I know from watching the "bridesmaids" stocks in the past that many have done just as well or better than the pick, but some have been real stinkers, too. Would be worth knowing if picking a basket of them is a better way to go or not. I've actually made out pretty well on a few of these "not quite $$MM" picks- NGPS RRGB ACRG.OB come to mind, but I've bought a couple others as well...
            When TOL won the contest, ENG was a bridesmaid. I bought ENG on the dip down near $5. It is currently $8 and rising. Rose nearly $1 yesterday. Unfortunately I left at $6.35 . . . .
            pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

            Comment

            • jiesen
              Senior Member
              • Sep 2003
              • 5319

              #7
              Originally posted by New-born baby
              When TOL won the contest, ENG was a bridesmaid. I bought ENG on the dip down near $5. It is currently $8 and rising. Rose nearly $1 yesterday. Unfortunately I left at $6.35 . . . .
              hey, a profit is a profit! don't let the fact that you're not clairvoyant get you down.

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