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!
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