Wednesday, August 08, 2007

Swing-Trader Bulletin Portfolio Update


Overall, it was a very strong day on the Street and so our "Swing-Trader Bulletin".  Cepheid (CPHD) soared almost 15% to a new high today. The position has an amazing unrealized gain of almost 20% in just 3 days.  Advent Software Inc (ADVS) jumped almost 9% to a new high.  We've took a partial profit of 20% today when the stock hit our first target @ $44.  Accuray Inc (ARAY) added on to previous gain, up 2.63% to finish at $20.71.  This position has an unrealized gain of almost 10% in just a week.  Research in Motion Ltd (RIMM) gained almost 4 points to $226.01.  Starbucks Corp (SBUX) up a bit more than 2% to $27.72.
 
Despite what was the S&P 500's best three day performance since March 2003, our short positions are doing extremely well with Service Corp (SCI) down about 3% to $11.59. Gardner Denver Inc (GDI) dropped 4.50% to $37.80.  The position has an unrealized gain of almost 10% in just 2 days.
 
Beside the 20% gain from ADVS, we've also took home some nice profits of about 16% and 10% from the Accuray Inc (ARAY) and Cash America Int' (CSH) positions, respectively.



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