The Portfolio Value

Start 2-12-10: $ 50,000.00
Last Update: $ 64.090.00
Gain/ (Loss) since 2-12-10: + 28.2 %



Friday, April 30, 2010

Home Run

On occasion, an opportunity presents itself to swing for the fences, so to speak. Dendreon Corporation did just that. Earlier this week it received approval for its prostate cancer therapy drug, Provenge. As noted earlier in this blog, we bought 10 May 40 calls @ 5.90 each on April 9th. Today, we sell @ 15.85. Excluding commissions, $ 5,900.00 invested is now $ 15,850.00.
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3 comments:

  1. East Texas TraderApril 30, 2010 at 1:34 PM

    After the $ 19.50 commission, we clear $ 15,830.50, added to our other cash equals a total portfolio of $ 64,090.00

    ReplyDelete
  2. Mangrove TomApril 30, 2010 at 11:17 PM

    wow! what a trade!! seems like the market has been trending upward lately = hooray!

    ReplyDelete
  3. East Texas TraderMay 4, 2010 at 10:54 AM

    Thank you sir. Today we buy 1000 HOT (Starwood Resorts) @ 53.93 + 7.00 commission.

    ReplyDelete

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