| William A. Massarweh
Investment Advisor
Real Estate Broker
Attorney |
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| Friday, March 27, 2009 |
Issue #1 |
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| Contact Us |
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2890 N. Main Street, Suite 207
Walnut Creek, California 94597
925-937-9866
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Greetings!
Given the gravity of the Market Meltdown, I have instituted a series of Newsletters in an effort to keep clients fully informed; in other words, when are we buying, what are we buying, and when are we selling?
For those of you who have been in to see me and where we have moved your accounts into a new brokerage platform, this newsletter will inform you of the stocks being monitored by me. I will also alert you to when we are entering the market and what is being purchased into your portfolios.
For those of you who have yet to come in, I encourage you to call me and set a time where we can discuss this new brokerage platform. I firmly believe that going forward mutal funds and third party money managers will not give us the kind of returns we need to see in our portfolios to recover from the recent meltdown. Rather, a focused and disciplined, numbers oriented strategy of picking just a handfull of stocks that can be easily monitored is the best avenue for success. With very definitive stops placed at 6-7% as a sell signal should any one stock go down rather than up, we can remain flexible to enter and exit the market where and when opportunities present themselves.
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| Stock Monitor |
While all the stocks listed below were down after Friday's close, with the exception of TNDM, I have been watching these and other stocks for some time now. I wanted to give you some idea of how these stocks have performed since I bagan watching them over the past month. The results are very encouraging!
None of the stocks listed have been purchased yet for any client portfolio. Why?
The answer is that the Market is still showing signs of turbulence. I do not have a crystal ball and your portfolios are not to be trifled with. Any time we are trying to enter the market after a severe downside, it is best to be cautious. Having said that, I feel that with the Market now up three weeks in a row, and having come back up from below 7,000 on the DOW, that next week we might dabble our feet in with say 25% of the portfolio for each client. Keep in mind we will keep our fingers on the sell button should any holding go down 6-7%. What we purchase may or may not be any of these stocks and could include some of the other 15 or so stocks on the watch list.
Have a great weekend!
TNDM Neutral Tandem, Inc.
I started looking at this stock when its price was 18.75. With Friday's closing price at 24.39, the stock is up around 30%.
NFLX Netflix, Inc.
I started looking at this stock when its price was 36.06. With Friday's closing price at 43.42, the stock is up around 20%.
SGP SCHERING PLOUGH CP
I started looking at this stock when its price was 17.93. With Friday's closing price at 24.19, the stock is up around 35%.
MYGN Myriad Genetics, Inc. Special Note: Stock Split
I started looking at this stock when its price was 81.22. Here, the stock did a 2 for 1 stock split yesterday on March 26. So if we factor in the split, we started looking at this stock when it was 40.61. With Friday's closing price at 43.42, the stock is up just a hair shy of 12%.
SNDA Shanda Interactive Entertainmen
I started looking at this stock when its price was 37.40. With Friday's closing price at 36.78, the stock is down just under 2%.
BWLD Buffalo Wild Wings, Inc.
I started looking at this stock when its price was 36.14. With Friday's closing price at 37.35, the stock is up around 3.35%. |
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Many thanks for your trust and confidence.
Your portfolio is as important to us, as it is to you.
Our practice continues to grow by referrals from our clients.
Sincerely,
Bill Massarweh
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