Thursday, May 7, 2015

Port 24 update


I finally had a chance to revisit the Port, and spent a while cleaning it up.

MITI was bought out, CLSN and DCTH had reverse splits (boy do I wish I'd sold those prior to the mothball!) and a few calls expired worthless.

This morning I check out the prices of CLSN, DCTH, and PIP and "sold" them at the bid.
Just now I couldn't resist and picked up 2000 shares of VHC.

So the current Port looks like this:
Cash $27,780.30
1500 ARQL
1200 BTX
2600 CLDX
2500 CORT
1100 EXEL
7000 NNVC
6000 PPHM
1600 SGMO
2000 VHC
1800 ZIOP

Total worth (as of this moment) is $213,642.30.
That is a return of 113%, and annualized to about 16% over nearly seven years. Almost 4  of those years, the Post has been neglected to a sorry degree, too! Not bad.

I'll be more active now, and utilizing calls as usual to pick up additional income.

Good luck to all portfolios in the days ahead!