Saturday, October 06, 2007

Quick Portfolio Update

I made some slight adjustments to my portfolio. I've been doing a bit of short term trading, but basically held onto the core biotech names. I sold the remainder of my Berkshire Hathaway last week and rolled the proceeds into Biomarin and MGM. I've always referred to Biomarin as a baby Genzyme. They target enzyme replacement therapy drugs and charge a fortune for them. The patient has to take these drugs for life, which generates a nice recurring revenue. Even though MGM has had a nice run, I think there's still a lot of value in the stock. The other new holding is Monsanto, which is benefiting from the commodity bull market. That's it for now...


Ticker % of Portfolio% Return
Amgen (AMGN) 3.85% -25.90%
Biomarin (BMRN) 0.87% +1.47%
Genentech (DNA) 4.11% -7.61%
Genzyme (GENZ) 51.21% +294.57%
Invitrogen (IVGN) 4.27% +408.05%
J Crew (JCG) 2.99% -5.37%
MGM (MGM) 2.74% +0.70%
Monsanto (MON) 2.95% +11.63%
Melco PBL (MPEL) 0.63% -15.34%
Microsoft (MSFT) 1.18% -23.83%
Pfizer (PFE) 5.02% -9.50%
Qiagen (QGEN) 17.22% +354.64%
Sears (SHLD) 2.94%-15.44%





TOTAL UNREALIZED GAINS = +108.50%

2 Comments:

At October 10, 2007, Blogger z-stock said...

MT
I have a 87 and 88.6 short target for IBB, still not there, DNA, is gumming up the short, it reports OCT 15, i think
Also, VIX, bounced right of its 200 day = 15.9. so volatility, is back..

I found beannies, over at tim knights

Beannies been hot, this past two months, FSLR up 50%, VMW up 100%, STV up 50%, YGE up 75%, (GOOG,BIDU,)and many many more, just like these.

http://beanie11111.blogspot.com

zee

 
At October 12, 2007, Anonymous Money Blue Book said...

You really need to get out of American stocks and move into Asian ones. China funds are hot!

 

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