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Canned Meat (Spam)
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Description:
LIQUIDATED: The Canned Meat (Spam) portfolio was liquidated at end-of-day April 12, 2006, thus concluding the two month experiment. Results can be found here. My closing thoughts on this can be found here.This fictional portfolio is inspired by the suggestions I receive via my Spam folder in Gmail. I buy 1000 shares for each imploring email I receive.
Exit Strategy: Good Question. High volatility dictates high required returns. So...
Upside - 100%
Downside - Let it ride til it dies.
The P/L sheet is available on my website. It is updated daily after the market close.
What a surprise! China Fruits (CHFR.OB) Pumped and Dumped!
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