Friday, December 10, 2004
End of week scorecard
Despite a small rebound today, my portfolio ended the week worth $334,355. That represents a decline of $3,239 since last Friday. On the whole, it was a disappointing week, as I underperformed both the Nasdaq and the S&P 500. Hopefully next week will bring more favorable results.
In other news, I bought 2000 shares of COBR today at $7.50. It's exactly the sort of company that I like to invest in: great value characteristics (profitable; market value less than below book and less than 50 percent of annual sales), and good growth potential (new technology; increasing sales and earnings).