well, on July 30, 2007, I put in order for 3 stocks that I believed are key in the GPS industry, with a total investment of $2100.
| Stock | Shares | Cost/Share | Market Price | Gain | % Change |
| GRMN | 10 | 86.54 | 98.66 | 121.20 | 14.01 |
| NVT | 4 | 57.95 | 63.91 | 23.84 | 10.28 |
| TRMB | 30 | 33.29 | 37.93 | 139.20 | 13.94 |
| Total | 284.24 | 13.56 | |||
the main reason it jumped quite a bit is because investors are “surprised” by the increase in earning in the second quarter (reported this week). personally, I really don’t see how that could be a surprise. my sense is that GPS device will become a hot item during the coming christmas season. such huge trend does not need a complicated model to predict.
i will come and post the results again in a month, while it is hard to predict shorter term outcome, my guess is that the value of my hypotheses-testing portfolio will double by the end of summer 2008.
again, the hypotheses I am testing is that the market is so inefficient in some segments that i can identify stocks that provide huge gain consistently without even running any financial models or relying on specific numbers normally used by stock-picking.
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