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Nic's Portfolio (as of 10/1) |
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Company |
Chesapeake Energy Corp. |
Celgene Corporation |
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Symbol |
CHK |
CELG |
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Shares/Price |
18 @ 58.18 on 5/20/08 |
12 @ 61.41 on 9/18/08 |
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Rationale to Invest |
With Oil becoming more scarce and having to buy more from nations that
don't like us very much, the USA is being bushed toward an
alternative. It appears that there is enough natural gas in shale
within the US to fuel this country for 50 years. Chesapeake is the
biggest US domestic gas driller as the helm of this switch. You may
have seen the CEO, Aubrey McClendon on TV with the CNG now ad
series. |
Celgene is a biopharmaceutical company. Celgene is a great company
with a great balance sheet, focusing on drugs related to cancer.
Having a healthcare stock in the portfolio makes a lot of sense in a
market that is tough. No matter how bad the economy gets, curing
cancer is still a pursuit worth doing. |
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Company |
American Public Education, Inc. |
Ultrashort Financials |
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Symbol |
APEI |
SKF (ETF) |
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Shares/Price |
14 @ 49.50 on 9/23/08 |
8 @ 101 on 9/30/08 |
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Rationale to Invest |
I have been looking to get into the Education sector for quite some
time. APEI is a for profit-accredited institution, kinda like ITT
Tech or DeVry. When the economy goes bad, people go to school.
APEI has a niche market as most of the people who go to their school
are either active military or just left the military. They really
have a niche market and they are a new public company. I like this
stock on multiple levels for a long term play. |
The SKF is the first ETF trade I have ever made. It is a day traded
fun that looks to be the twice the inverse of the financial sector.
Essentially, I am shorting the financial sector. If financial stocks
go down 2%, this fund should gain 4%. It is a very short term trade
that I don't expect to be in over a week. As it was bought as a
reaction to the 450 point up day. |
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Cash on Hand |
With crazy markets, I currently am holding over 25% cash in a very
rough market, ready to jump in on a big down day |
