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Chris Lau
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This author is an independent investor who focuses on companies with clear revenue 3 to 10 years into the future. A call to buy or sell is made when catalysts support fundamentals are being realized. His first rule comes from Warren Buffet: Do not lose money. Current Performance: 61% Accuracy... More
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SA Instablog: Performance On Stock Selections
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SA Performance
  • Stock Picker's Guide: Too Good To Be True (Annualized: 532.7% 83% Correct) 0 comments
    Apr 18, 2012 9:35 PM | about stocks: MU

    A few months ago, SimiTrade's CEO sent me a message to try out his site, so I signed up. SimiTrade is a chatter site for stocks. It is similar to Seeking Alpha's STOCKTALK.

    The site will eventually cater to providing content and research for members. At last check, there were 1000 users.

    Below is a summary on the current performance:

    (click to enlarge)

    The top closed picks were:

    • Taking a long position on Bank of America (BAC)
    • Taking a short position on Natural Gas (UNG)
    • Taking short positions on BroadVision (BVSN)

    Some of the worst open picks are:

    • Long on Micron (MU)
    • Long on Transocean (RIG)
    • Long on OCZ Technology (OCZ)

    To sign up for free on SimiTrade or to view this account visit here: http://www.simitrade.com/users/chrispycrunch

    Themes: BAC, RIG Stocks: MU
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