Wifts Investment Group

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 [...]

We have decided that from now on we”ll post a monthly update of our portfolio at the end of the month. To add credibility to the updates, we have signed up for covestor.com account, which links directly to the brokerage account and pulls out the holdings and trades that we have made. Unfortunately, covestor does [...]