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Ashraf Eassa's  Instablog

Ashraf Eassa
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If you want to read my articles, you can find them here: http://www.fool.com/author/4997/index.aspx?source=iapsitlnk0000003
  • MUST READ! My "Alpha Rich" Track Record 19 comments
    Sep 6, 2013 10:50 PM

     

     

    STOCKCALLPRICE AT RECOMMENDATIONCURRENT PRICERETURN ON CALLSPECIAL NOTES/OUTCOME
    SPRDBUY$19.74$30.31+54%BUYOUT
    GSITBUY$6.06$6.84+13% 
    MLNXBUY$38.01$38.160% 
    CRUSBUY$21.37$23.17+8.5% 
    IGNMF.PKBUY$3.99$4.55+14% 
    LOGIBUY$6.83$8.09+18.5% 
    IOGA.PKSHORT$0.63$0.52+17.5% 
    ENTRBUY$3.96$4.29+8.33% 
    UTEKBUY$29.57$29.04-1.7% 
    SIMOBUY$10.70$11.69+9.25% 
    MRVLBUY$10.89$12.06+10.7% 
    PXLWSHORT$4.20$3.89+9.8% 
    SGIBUY$15.13$14.52-4% 
    BIZM.OBSHORT$3.14$0.36+88.53%HALTED BY SEC, LIKELY FRAUD
    BRCMBUY$27.40$26.49-3.3% 
    QLGCBUY$10.48$10.60+1.14% 
    ALTRBUY$36.25$37.57+3.64% 
    AMKRBUY$4.36$4.20-3.67% 
    AVERAGE-  +13.57% 

    BEST CALL (LONG): SPREADTRUM COMMUNICATIONS +54% (BUYOUT)

    WORST CALL (LONG): SGI -4%

    BEST CALL (SHORT): BIOZOOM +88.5%

    WORST CALL (SHORT): PIXELWORKS +9.8%

    Disclosure: I am long BRCM, AMKR, UTEK.

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Comments (19)
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  • Though I should have ALSO bought AAPL, enjoying recent bump in QCOM ...
    6 Sep 2013, 10:58 PM Reply Like
  • Author’s reply » Absolutely. Glad you're making money on QCOM.
    6 Sep 2013, 11:01 PM Reply Like
  • Thank you for putting this together - very valuable.
    I think it would also be helpful to include a column with the date of your long/short call, and a column with your current call (as in some cases, presumably, you will regret your call or change your mind, particularly based on changes in available facts).
    7 Sep 2013, 12:50 AM Reply Like
  • Not trying to take anything away from you, but by how much did you outperform S&P 500? Would be more informative to present performance over some kind of benchmark.
    7 Sep 2013, 11:18 AM Reply Like
  • Wow, that's great!
    7 Sep 2013, 12:02 PM Reply Like
  • Good job Ashraf! Ditto to westercoaster- we need two more things:

     

    1) Date you called / Time the call is/was held

     

    2) Current recommendation
    7 Sep 2013, 04:17 PM Reply Like
  • OR, one could have just ridden the S&P and enjoyed a better return. "Alpha" is supposed to allow one to beat the S&P, not underperform it!
    8 Sep 2013, 04:24 AM Reply Like
  • Author’s reply » Really? Because every recommendation here is less than 3 months old.
    8 Sep 2013, 08:34 AM Reply Like
  • Why the chart needs dates. Good job! :)
    8 Sep 2013, 12:06 PM Reply Like
  • Oh. Ok, I didn't see dates, and assumed (wrongly) that the charts were YTD. Congratulations on excellent calls.

     

    I have to admit that I thought it was odd that you would have underperformed SPY since I feel that you have a thorough understanding of the semiconductor and tech sectors.

     

    Thanks, and I will continue to follow.
    8 Sep 2013, 04:17 PM Reply Like
  • Author’s reply » Thanks, six-oh. I'll be updating the charts w/ dates ASAP.
    8 Sep 2013, 11:32 PM Reply Like
  • Exactly.
    Nice work!
    8 Sep 2013, 02:29 PM Reply Like
  • Very nice work. SPRD is crazy xD. Good balance.
    9 Sep 2013, 12:15 AM Reply Like
  • Great work! I read most of your articles and I had noticed this pattern in my memory. Nice to see it all laid out on paper though, great work!

     

    I agree with others, if you could update this with dates and possibly S&P500 information, that would be great!
    9 Sep 2013, 09:23 AM Reply Like
  • A few recommendations:

     

    (1) Your calls span the market cap spectrum and you go both long and short. With that in mind, you should provide results relative to a benchmark such as the Credit Suisse Long/Short Equity Index. You should also probably include the S&P500 Total Return Index. Otherwise, these numbers don't mean much given your returns, if similar to what one could achieve passively, may not warrant the added risk.

     

    (2) Toss out the penny stock entries, particularly the ones that are "short." No one with any size whatsoever could feasibly short these stocks, and it looks amateurish.

     

    Otherwise, good effort here at increasing disclosure.
    9 Sep 2013, 10:16 AM Reply Like
  • awesome!!!

     

    I would gently remember hubris, however, my good man.
    9 Sep 2013, 03:15 PM Reply Like
  • Pretty funny RS!
    15 Oct 2013, 07:07 PM Reply Like
  • Nice job, Mr. Eassa.

     

    Might I recommend charting the data in some way? It would serve to make the data more informative. A diagram of some sorts with dates, plus a comparison to S&P500 and you're all set.

     

    Please keep it up, it's always a pleasure to read well researched articles on SA, and hats off for being active in the comments- section as well!
    10 Sep 2013, 04:27 PM Reply Like
  • where is your FIO speculation?
    10 Sep 2013, 05:38 PM Reply Like
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