Penn Wealth Publishing

2021.01.10 Penn Wealth Report Vol 9 Issue 01

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Penn Intrepid Trading Platform Platform (sorted by opened/closed positions) Open Price Current/Close Price Stop Gain/Loss Notes $325.93 $419.92 $303.00 28.84% GARP $26.00 $40.21 54.65% GARP $9.54 $17.15 $8.00 79.77% Deep Value $135.89 $160.78 $135.00 18.32% Chart Pattern $4.63 $6.92 49.46% GARP $2.80 $2.95 $2.30 5.36% Deep Value $66.72 $65.07 -2.47% Thematic $5.55 $10.09 81.80% 82% gain, 6 months $7.75 $18.30 136.13% 136% gain, three months $19.23 $17.47 -9.15% 9.15% loss; 1 month $648.04 $602.59 -7.01% 7% loss; 3 weeks $200.00 $229.00 14.50% 14.5% gain, six weeks $110.70 $122.04 10.24% 10.24% gain, 2 weeks $42.74 $59.00 38.04% 38% gain, one month $16.00 $14.47 -9.56% 9.56% loss, < 1 week $136.17 $129.14 -5.16% 5.16% loss, one month $18.23 $19.00 4.22% 4.22% gain, one week $187.54 $214.06 14.14% 14.14% gain, one month $54.33 $49.89 -8.17% 8.17% loss, two weeks $47.80 $44.77 -6.34% 6.34% loss, one week $27.65 $30.50 10.31% 10.31% gain, one week $46.61 $51.98 11.52% 11.52% gain, one month 10 Jan 2021 penn wealth Report volume 9 issue 01 33 Penn Wealth Report Copyright 2021. All Rights Reserved. investment intelligence The Penn Intrepid Trading Platform is precisely what the name implies. Up to eleven positions are held at any one time, though the number may be far less based on market conditions. The goal of the trades made within the ITP is to notch short-term, double-digit gains (10% would be considered a "win"), while protecting each position with a tight stop-loss order (perhaps 5-7% below purchase price). To calculate the size of a trade, the entire portfolio value is divided by 12, with the share price divided by that number. Note we hold a maximum of 11 positions: the other one-twelfth is always held in cash. On occasion, a half-position may be taken in a stock.

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