Paul is adding 44 shares of Coach (COH) @ 49.66 today, 2/1/13. That will give us a full position of 100 shares in the Market Shadows Virtual Value Portfolio,
Coach is one of three of our initial stock positions, in the Virtual Value Portfolio that is below our first price entry. (The other two are Express Scripts, ESRX, and Calamos Asset Management, Inc., CLMS.)
Our stocks (in our Virtual Value Portfolio) continued their rise since our portfolio’s inception date last October 26th. We got positive mentions on Express Scripts (ESRX), Mosaic (MOS) and Kohl’s (KSS) during Barron’s Roundtable. All three remain quite undervalued although the latter pair having been rising.
Our worst performer has been Coach (COH) lately, which had reported less than expected earnings last week. Paul increased our virtual position from 3% to 5% on the price weakness.
We started the Virtual Value Portfolio in the Market Shadows Newsletter at the end of October, using closing prices on Friday, 10/26. We opened 23 positions, putting 3% of our virtual starting capital ($100,000) into each position. Thus, initially, we invested 69% of our virtual money in the 23 stocks listed below.
Since Oct. 26, we've sold ANF and DLB. We've also added to several positions. When we add to a position, we increase the allotment from 3% to 5%. (Except through appreciation, we do not allocate more than 5% to any position.) Including COH, other positions added to were ESRX, CLMS and POT.
Positions that we entered after the initial opening of the virtual portfolio are: BBBY, BIG, KO, KSS, MKL, ORCL and TAP.
Currently we have 25 positions that began as 3% allotments, and four that were increased to 5% allotments. (Thus, 95% of our initial $100,000 in virtual money is in stocks.)
Click here for the current virtual portfolio spreadsheet.
It does not include dividends collected at the end of last year (below)
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