Tuesday, November 20, 2007

One Year Update

My first Magic Formula transactions were November of 2006. So now, one year later, let's see how those initial picks have performed (average return for these is 3%):

OVTI +20%
FCX +50%
ASPV +40%
ADDL -28% (Icarra has no data for ADDL after Jan 2007, so it's treated as sold)
PNCL +60%
FTO +50%
WNR +18%
PWEI -9% (Bought out)
NATH +29%
NOOF -38%
OPMR -55%
MRGE -77%
EGY -41%
UNTD +24%

ASPV is still on the Magic Formula list, so it hasn't been sold. UNTD will be sold as after 11/21, following the rule of holding winners more than a year.