Once again the Twitter Top 10 Portfolio picked a few stocks that were in long term downtrends and got bit by them. Molycorp (MCP) and Uni-Pixel (UNXL) both have suffered large losses this month down 26.78% and 11.6% respectively. This is one of the things I’ve warned about in the past, but as most of you know the portfolio is here to illustrate that bullish stocks on Twitter serve as a good starting universe for stock selection so we include every pick no matter our personal preferences. As always, do your own due diligence when picking stocks for your portfolios.
Even with the two huge losers the portfolio is only down a little over 1% this month and is still up 30.76% on the year.
Below is a performance chart and details of the current month’s holdings.
|Start Date||Symbol||Shares||Start Price||Start Total||End Price||End Total||% Gain / Loss|