Portfolio Update 10/18/2013 : Small Time Blog

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Portfolio Update 10/18/2013

by Bradley Voight on 10/20/13

After another good week I am starting to build a new cash pile. I sold 500 shares of SGLB for $86.52 and I sold a Kroger $42 strike call option October expiry for $74.49. I bought the Kroger option for $29.50 so I made a profit of $44.99. So here is this weeks update:


KR 50 shares @ 42.28.......................$2119.00
STKL 196 shares @ 10.46...................$2050.16
SIRI 175 shares @ 4.045......................$707.87 
RVLT 175 shares @ 4.17.....................$729.75
SGLB 3000 shares @ .171..................$513.00
AXPW 700 shares @ .1241...................$86.87

Share Total..............................................$6206.65
Cash........................................................$167.09
Total......................................................$6373.74
Original Investment...................................$5382.73
Performance to date............................... +$991.01 or 18.4%

The broader market is rallying on the government shutdown fix but it is a temporary band aid and we can expect more volatility in the marketplace in just three short months. In the meantime the stocks in my portfolio all have been benefiting from good news. I picked these companies for their future prospects and each one will be held and added to until the story changes. That is a great lesson I learned from Peter Lynch, each company has a story. You learn all you can about what has happened in the past for each story, then you keep up on all new developments via the conference calls each quarter. When the story turns sour you sell and go to a company with a better story! So far the stories all look good for the companies I own so there is no reason to bug out now.

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