|Day Low/High||9.70 / 9.90|
|52 Wk Low/High||6.17 / 12.04|
SAN LEANDRO, Calif., May 2, 2019 /PRNewswire/ -- Energy Recovery, Inc.
We ditched one position and added to another last week as small-cap stocks trended higher.
SAN LEANDRO, Calif., April 25, 2019 /PRNewswire/ -- Energy Recovery, Inc.
SAN LEANDRO, Calif., April 23, 2019 /PRNewswire/ -- Energy Recovery, Inc.
During the week, we took a starter position in Encana Corp. and boosted our cash position by trimming iShares Russell 2000 ETF.
We made several trades last week as the overall market grinded modestly higher.
The portfolio had a strong start to the June quarter, due in part to the small cap-heavy Russell 2000 leading the market higher.
SAN LEANDRO, Calif., April 2, 2019 /PRNewswire/ -- Energy Recovery, Inc.
Last week was a very strong one for many of our positions as the domestic market ended the first quarter on a high note.
SAN LEANDRO, Calif., March 28, 2019 /PRNewswire/ -- Energy Recovery, Inc.
During the week we brought Fitbit back into the portfolio and added Digital Turbine to the Bullpen.
Last week was a very good one for the portfolio as nine of our 13 holdings outperformed our benchmark, the Russell 2000.
We initiated one position and exited another during a tough week for small-cap stocks.
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Energy Recovery Inc , where a total of 1,648 contracts have traded so far, representing approximately 164,800 underlying shares. That amounts to about 76.4% of ERII's average daily trading volume over the past month of 215,835 shares.
Is action required for AcelRx Pharmaceuticals and Energy Recovery?
We rang the register on part of a high-flying position and added to another on weakness.
With the small-cap heavy Russell 2000 leading the major market index pack last week, we saw a number of pronounced moves higher in the portfolio.
In trading on Monday, shares of Energy Recovery Inc crossed above their 200 day moving average of $8.26, changing hands as high as $8.30 per share. Energy Recovery Inc shares are currently trading up about 0.9% on the day.
Another melt-up for the stock market, together with a late-Friday surge was a positive for several portfolio holdings.
We closed our position in Fitbit for a healthy profit and added twice to USA Technologies last week.
Does it not make sense to create a separate portfolio made up of equities that will benefit -- as sick as that sounds -- when an area needs to rebuild?
We booked hefty wins last week exiting Blue Apron and GE and trimming our position in Fitbit.
While the overall stock market finished last week essentially unchanged, the portfolio had several outperformers.
We added one new position and doubled down on another during a very good week for the portfolio.
We exited two positions last week as the portfolio and the market started off the year in the green.
We added a position in Fitbit, scaled deeper into AcelRx Pharmaceuticals and improved our cost basis in Pitney Bowes.
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