Personal Track Record
This is not an investment model
- It is a record of a member’s personal broker account as reported to Covestor
- It cannot be mirrored
Jul 21, 2010
Mike Grabbe - View Profile
Personal Track Record
| Inception date | July 14, 2007 |
| Long/Short | Long only |
| Cap bias | Large cap |
| Holding Period | Buy and hold |
Performance and Risk
Performance Summary (as at end of February 08, 2012)
| Inception July 14, 2007 | Member | S&P 500 |
|---|---|---|
| Month to date (%) | 6.33 | 4.41 |
| 3 month (%) | 4.30 | 4.76 |
| 1 year (%) | 0.08 | 2.09 |
| Annualized since inception (%) | -6.32 | 0.68 |
| Since inception (%) | -25.71 | n/a |
| Sharpe (annualized) | -0.23 | 0.01 |
| % of positive months | 45.45 | 60.81 |
Past performance is not indicative of future performance
Commentary - Latest Posts
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Still long AUY July 18, 2007
AUY is currently trading at a huge discount due to its recent crazy acquisitions. Over time, those acquisitions will fall solidly into the past, and AUY will return to its 52-week high in the 15's. If gold can get above 700 and stay there, AUY has a solid, solid future.
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TOPT buy July 17, 2007
Technical: The tanker/drybulk group has been strong in recent months, and TOPT has been one of the least volatile of the bunch. It's followed an straight upward trendline for the last 7 weeks. Fundamental: Hard to find given that this is a Greek company, but Price/Sales is at 0.93; thats nice! Industry: Drybulk is in a bull market, and tankers, while not as strong right now, are levered to oil, which is doing quite well at the moment. My protective stop has been placed below the July......
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BBX bleeding to death July 16, 2007
Technical: BBX is easy prey. Look at its 3 or 6 month chart. Ouch. Solid longterm downtrend, interrupted by a few temporary recoveries. BBX is approaching five year lows. Fundamental: Div yield is now at 2.1%, not high enough to support the stock given the dire shape the industry is in. PEG at 3, too high. Industry: BBX is a savings and loan in Florida. S&L's are hurting from sub-prime, hurting with rates still high. Florida real estate market is still bad.
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BCSI climbing July 16, 2007
Technical: At its 52-week high, Blue Coat Systems has been on a steady, predictable upward trend since early May. Drawdowns have been a maximum of 10-15% in the last year, with downtrends lasting no more than a month. Fundamental: PEG at 1.3 (below industry avg) F P/E of 27 (below industry avg) 11% of the float is shorted (ha!) Industry: Tech is one of best performing sectors in the market BCSI rides the Internet Security/WAN/bandwidth expansion
- Job Title Database Manager
- Industry Information Technology and Services
- Expertise 5-10 years
- Education Hamilton College
- Qualifications BA in Econ; Finance Industry, ETF exp
- Year of Birth 1983
- Country United States
- State Massachusetts
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- Past performance is no guarantee of future results.
- Performance of a Personal Track Record is calculated by Covestor on a daily time-weighted basis of equity positions in the account provided by the member. It is exclusive of any commissions, fees, dividends, earnings distributions, and cash in the portfolio.
- Month to Date returns and Since Inception returns are revised daily. All other returns (month, 3 month, year to date, et al) are calculated as of the most recent month end date.
- All graph data is as of the end of day for the referenced period, unless otherwise specified.
- Benchmark returns have been calculated by Covestor using a time-weighted calculation of daily index valuations and do not include cash, dividends and earnings distributions, or transaction costs. More
- All Personal Track Record information including personal data, profiles, strategies, commentary, and historical results outside of Covestor has been provided by the Member. Covestor makes no representation or warranty of its accuracy, completeness or relevance and it does not represent the opinions of Covestor.