Wifts Investment Group

For the month of February, our portfolio returned -1.20% Vs a gain of 2.85% of S&P500. Our portfolio underperformed the S&P500 by 4.05%.
Bank of America was the biggest gainer with 9.75% followed by a gain of 8.18% for OSI Pharmaceuticals (OSIP). OSIP released their annual earning report which showed the revenue from Terceva, their [...]

For the month of January, our portfolio was up 0.14% Vs a loss of 3.7% for the S&p500.  Our portfolio outperformed the S&P500 by 3.84%.
OSI Pharmaceutical Inc (OSIP) was up 10.2% and our largest holding, AMN gained 8.78%. On the other hand, Kindered Healthcare (KND) lost 8.4%, followed by Forest Lab (FRX) which lost 7.69%.
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For the month of December, our portfolio was up 6.34% compared to 2.81% of S&P500. The portfolio outperformed the S&P500 by 3.53%.
LMIA, KND were the biggest gainers with over 24% gain. AIR was up about 23%. AMN, our largest holding,  was up 11% along with OME. December was a good month for almost all the [...]

For the month of November, Wifts Investment Club returned 1.00% comapred to 5.74% of S&P500. The portfolio underperformed the S&p500 by 4.74%.
FRX led the biggest gainer with 10.81% followed by BAC and DD with 8.71% and 8.67 respectively. JNJ was also up by 6.42%.
Biggest decliners were ACET which was down 5.53% followed by OME down [...]

In October, our portfolio returned -5.71% compared to -1.98% of S&P500. This means our portfolio underperformed S&P500 by 3.73%. Even with around 25% in cash for the most of the month, it managed to go down that much. This is a good reminder to everyone that we are in a risky business.
Since the portfolio was [...]