20 Stock Portfolio-End of October Review

I am tracking my hypothetical 20 Stock Portfolio on a quarterly basis with a monthly review, so here goes. The portfolio is now up to 12 stocks, (ELP: 21.89 -0.03 -0.14%), (PBD: 15.01 +0.04 +0.27%) and (CTBK: 1.46 -0.03 -2.01%) were added during the month. I use the MarketWatch.com beta portfolio to track the stocks bringing them on at the same dollar amount, or starting the quarter at that amount. I start with $1000 of each stock. The portfolio was up right at 7% for the month.

The big losers were Thornburg Mortgage (TMA: 0.79 0.00 0.00%) and Wayside Technology (WSTG: 8.56 -0.19 -2.17%) down 19% and 10% respectively. Both had negative earnings releases during the month. I have written about Thornburg at length and think the stock has good possibilities going forward. WSTG seems to be an OK company without the ability to really grow their earnings. I will be surprised if I keep it in the portfolio for the next quarter.

The big winner for the month was Gigamedia [GIGM]] up 50%. Silver Wheaton (SLW: 15.46 -0.09 -0.58%) and (VSE: 0.00 N/A N/A) also did well both up about 19%. GIGM is a $1 billion market cap that could become $10 billion or more, their seems to be no limit to the companies upside.

The remainder of the portfolio was between -3% and +13% for the month. I have not figured any dividends into the returns yet (not much paid yet) but will for the entire quarter.

More on this topic (What's this?)
Thornburg Forced to Secure More Capital
Bumps In The Road
Obligatory Thornburg Blurb
Read more on Wayside Technology Group, Thornburg Mortgage at Wikinvest

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[...] was a pretty crappy month, at the end of October the portfolio was up 7% for the quarter, at close yesterday it was down 1.5% for the quarter, [...]

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