Sunday, April 25, 2010

Investors & Friends:

Here's a summary of our investment actions from the past week.

Long Stocks

1) We sold Symetra Financial Corp (NYSE: SYA) on 4/22 @ $13.62 for a 5.2% gain.

Return calculation = ($13.62 sale price - $12.95 cost basis) / $12.95 cost basis x 100% = 5.2%.

The date we opened the trade was 1/22/10.

Option Strategies - Naked Puts

2) Cisco Systems Inc (Nasdaq: CSCO) - We sold Jan '11 $12.50 puts.

Click here for the Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending April 23, 2010.

Click here for the Investrio Stock Selector Fund Watchlist.

Upcoming earnings calendar for our portfolio holdings

4/28 - Goldcorp Inc (NYSE: GG)

Click here for upcoming IPOs.

Lead Fund Manager
Investrio

Etcetera

1) “I can calculate the motions of heavenly bodies, but not the madness of people.” -- Sir Isaac Newton, who sold all of his shares of the South Sea Company for 7 thousand pounds and a 100% profit, then got sucked back into the bubble of his time and lost 20 thousand pounds.

2) “Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally.” -– John Maynard Keynes

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