Welcome to our new website and a return to blogging.
So much of the past year has been spent on formula research in an effort to put forth the most productive and reliable models for our clients that we placed blogging on the back burner. But now is the time to switch gears and let our models and research speak for themselves. In the coming weeks and months we will be publishing our results and comments of how our real time results compare to the years of testing.
On our home page you might have seen our links to Collective2.com which is a real time simulated trading platform for developers and investors. We presently have three models listed on C2 and by their standards they have presently graded us a score of 994 out of a possible rank of 1000.
In the meantime, thanks for visiting.
We uploaded our most recent quarterly client letter.
RMHI 2012 July client letter
RMHI is pleased to announce year to date returns as of June 30, 2012:
RMHI Moderate Growth +13.58%
RMHI Long Term Growth +19.35%
S&P 500 +8.4%
Results were derived from the proprietary RMHI investment model. These results are not hypothetical but are real returns for RMHI accounts.
As always, returns are net of all fees and expenses.
I have sold all shares of Sun Healthcare for RMHI clients today at $8.40. No sense taking any risk with the buyout at $8.50. No further purchases at this time. Yesterdays sell off killed a great deal of the momentum that could have led to a significant upside breakout for the markets. We need another dose of time to let the markets heal.
Have a great weekend
Brad
I’ve been traveling the past two weeks and have made little posts in the intervening time period but this morning comes news worthy of sharing.
During the past two weeks market strength and stability began to reappear and I began reversing my cautious stance in favor of a more bullish profile. Over the past three weeks I’ve added a handful of positions but the stock that ranked the highest in my most demanding and best performing model was Sun Healthcare symbol SUNH.
SUNH is an operator of nursing and rehabilitation hospitals and care facilities.
As of last night SUNH was our largest position in client portfolios with an average price in the range of $5 to $6 a share. Today comes the news that Genesis Healthcare will buy Sun Healthcare for $8.50 a share, a whopping 43% premium to yesterdays closing price.
Wow
Long SUNH
We have coyote puppies. A neighbor called us this morning informing us that on a part of our land that we don’t often see we have a pack of coyote puppies living in a culvert. We took precautions this morning to make sure the pups were inaccessible to our Akbash on patrol. They deserve their chance for a life and a night isn’t complete in the Rockies without the yipping and howling of coyotes at night.
Long Coyotes
Brad
