Monday, August 4, 2008

Portfolio Go Boom - And Not The Good Kind

Thursday: Exited Fording Canadian Coal (FDG) at $88.50, after it was taken out by Teck Cominco. Realize 205% gain, 60% annualized. Feeling pretty good.

Monday morning: Buy Hansen Medical (HNSN) at $13.18, Nintendo (NTDOY.PK) at $59.32, and add to Diana Shipping (DSX) at $29.66.

Monday afternoon: Hansen's at $11.94, down 9.4%. Diana's at $27.94, down 5.0%. 7 of the other 16 stocks I own are down at least 5%. Portfolio overall is down over 4%. Worst one-day performance I can remember. Feeling kinda not-so-good.