Sunday, July 31, 2011

Out of Acme Packet with a 993% gain

Last week was a bad week. Crox (+10.9% for the week), Deckers Outdoor (+2.9%), and Baidu (+2.0%) were my lone bright spots. Everything else I own was down.

But as bad as it was, there was actually only one change to my portfolio: I was stopped out of Acme Packet Friday afternoon at the close.

- LONG the week of 3.9.09 at $5.39. Placing my stop at $2.89 the R was just $2.50. Closed Friday at $58.92, just $0.52 below its $59.44 stop. The percentage gain on this trade was 993.1%, and the reward-to-risk ratio was $60.31/$2.50 = 21.42.

All in all... not a bad trade.

On to the updates. 
 
Two stocks I'll be watching very closely this week are Boeing and Diamond Offshore, trading just $1.36 and $0.48 away from their respective stops. 
- LONG the week of 3.30.09 at $115.99. My initial stop was $84.39, so the risk (R) on the trade was $31.60. Closed Friday at $390.48 with a $338.23 stop. The new stop for the upcoming week is $337.31. The percentage gain on this trade is 236.6%, and the reward-to-risk ratio is $274.49/$31.60 = 8.69.

- LONG the week of 1.18.11 at $326.58. I used $259.28 for my stop, so the R was $67.30. Closed Friday at $400.55 with a $333.33 stop. The new stop for the coming week is $334.85. The percentage gain on this trade is 22.6%, and the reward-to-risk ratio is $73.97/$67.30 = 1.10.

Netflix (NFLX):
- LONG the week of 12.29.08 at $29.87. Using $19.25 for my stop, the risk was $10.62. Closed last week at $265.99 with a $233.09 stop. The stop for this week drops slightly to $227.37. The percentage gain on this trade is 709.5%, and the reward-to-risk ratio is $236.12/$10.62 = 22.24.

- LONG the week of 9.13.10 at $126.68. My stop was $103.19, so I risked $23.49. Closed Friday at $161.38 with a $141.23 stop. The new stop for this week is $140.30. The percentage gain on this trade is 27.4%, and the reward-to-risk ratio is $34.70/$23.49 = 1.48.

Wynn Resorts (WYNN): 
- LONG the week of 4.20.09 at $36.88. My stop was $15.28, so my R = $21.60. Closed last week at $153.68 with a $132.39 stop. The stop for this week will be $130.41. The percentage gain on this trade is 316.7%, and the reward-to-risk ratio is $116.80/$21.60 = 5.41.

- LONG the week of 8.2.10 at $84.21. With a stop at $62.02 the risk on the trade was $22.19. Closed Friday at $155.32 with a $121.85 stop. The stop for the coming week is $122.64. The percentage gain on this trade is 84.4%, and the reward-to-risk ratio is $71.11/$22.19 = 3.21.

- LONG the week of 7.11.11 at $597.62. With a stop at $500.50 the risk was $97.12. Closed Friday at $603.69 with a $523.19 stop. The new stop for this week moves up to $526.27. The percentage gain on this trade is 1.0%, and the reward-to-risk ratio is $6.07/$97.12 = 0.06.

Salesforce.com (CRM): 
- LONG the week of 3.30.09 at $37.27. I put my stop at $23.04, so the R for this trade was $14.23. Closed last week at $144.71 with a $126.71 stop. The stop for this week will be $126.28. The percentage gain on this trade is 288.3%, and the reward-to-risk ratio is $107.44/$14.23 = 7.55.

Baidu (BIDU): 
- LONG the week of 3.23.09 at $18.32. I used $11.34 as my stop, so the risk was $6.98. Closed last week at $157.07 with a $120.83 stop. The stop for this week moves up to $122.80. The percentage gain on this trade is 757.4%, and the reward-to-risk ratio is $138.75/$6.98 = 19.88.

Potash Corporation (POT): 
- LONG the week of 8.2.10 at $37.80. I used $29.08 for a stop, so the risk was $8.72. Closed last week at $57.81 with a $50.67 stop. The new stop for this week is $50.00. The percentage gain on this trade is 52.9%, and the reward-to-risk ratio is $20.01/$8.72 = 2.29.

Deckers Outdoor (DECK):
- LONG the week of 6.8.09 at $23.80. Using $15.11 for my first stop, the risk was $8.69. Closed last week at $99.25 with a $76.61 stop. The stop for this week will be $77.12. The percentage gain on this trade is 317.0%, and the reward-to-risk ratio is $75.45/$8.69 = 8.69.

- LONG the week of 5.4.09 at $2.52. My stop was $0.47, so I risked all of $2.05. Closed Friday at $31.33 with a $22.38 stop. The new stop for this week jumps to $24.10. The percentage gain on this trade is 1,143.3%, and the reward-to-risk ratio is $28.81/$2.05 = 14.08.

VMware (VMW): 
- LONG the week of 4.18.11 at $96.81. My stop was set at $74.62, so my R = $22.19. Closed last week at $100.34 with an $84.90 stop. The stop for this week will be $84.03. The percentage gain on this trade is 3.6%, and the reward-to-risk ratio is $3.53/$22.19 = 0.16.

- LONG the week of 4.6.09 at $10.53. With a stop at $6.56 the risk on the trade was just $3.97. Closed Friday at $54.40 with a $46.62 stop. The stop for the coming week is $45.56. The percentage gain on this trade is 416.6%, and the reward-to-risk ratio is $43.87/$3.97 = 11.05.

Boeing (BA): 
- LONG the week of 5.4.09 at $43.65. I used $32.10 for my stop, so the risk was $11.55. Closed last week at $70.47 with a $69.30 stop. The new stop will be $69.11. The percentage gain on this trade is 61.4%, and the reward-to-risk ratio is $26.82/$11.55 = 2.32.

Citrix Systems (CTXS): 
- LONG the week of 4.27.09 at $27.51. My stop was $19.55, so that makes the risk $7.96. Closed last week at $72.04 with a $69.01 stop. The new stop is $69.09. The percentage gain on this trade is 161.9%, and the reward-to-risk ratio is $44.53/$7.96 = 5.59.

Diamond Offshore (DO):
- LONG the week of 1.3.11 at $70.57. Using $57.65 for my stop, the risk was $12.92. Closed last week at $70.79 with a $67.74 stop. The stop for this week will be $67.35. The percentage loss on this trade is -3.9%, and the reward-to-risk ratio is -$2.74/$12.92 = -0.21.

Joy Global (JOYG): 
- LONG the week of 5.4.09 at $29.80. My stop was set at $17.74, so my R = $12.06. Closed last week at $93.92 with an $81.79 stop. The stop for this week is $80.09. The percentage gain on this trade is 215.2%, and the reward-to-risk ratio is $64.12/$12.06 = 5.32.

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