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Lejun James Shao is the founder of www.myIRAs.net (http://www.myIRAs.net/), WhitePine Investment Inc of USA, and CEO of WhitePine Software Inc, Beijing, China. He was the top finisher in MSN's 1st US One Million Dollar Investment Contest, "Strategy Open Tournament," with a +45.88% return in 4... More
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  • Our STP - 2010-02-05 0 comments
    Feb 6, 2010 3:58 PM | about stocks: HL

    Our Short Term Portfolio (NYSE:STP) was reset into $100k again last week.

    One week gain: $8,465.59 (+8.46%) via -0.81% for S&P500 in the same one week period.

    For the week, we made 8 round trip trades with 100% wins. We are 100% invested now. Five stocks ($20k each) are in five different sectors.

    AZK was our money making machine last week. Bought at $3.66, sold $4.03; bought it back again at $3.66 and it closed at $3.85 Friday for a total gain of 15.30%

    Our STP returned 497% last year www.myIRAs.net/ledger2009.jsp and

    returned 1,050% in 2008 www.myiras.net/ledger2008.jsp.

    Disclosure: long on AZK

    Stocks: HL
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