Were it not for my SRS body armor, I would have gotten shot to hell after a bloody day like today with CBL, MAC and BXP all getting machine gunned down.
| Ticker | Shares | Cost Basis/Sh | Cost | LAST | Total Position (FMV) | % ▲ Gain (Loss) | %CHG TODAY | $ GAIN (LOSS) TODAY |
| MAC | 80,000 | $8.28 | $662,400 | $8.95 | $716,000 | 8.09 | (8.67) | ($67,970) |
| CBL | 267,100 | $2.65 | $707,815 | $2.95 | $787,945 | 11.32 | (12.46) | ($112,152) |
| BXP | 18,900 | $37.12 | $701,568 | $36.57 | $691,173 | (1.48) | (8.98) | ($68,191) |
| SRS | 33,000 | $44.39 | $1,464,870 | $45.12 | $1,488,960 | 1.64 | 15.20 | $196,460 |
| $3,536,653 | $3,684,078 | 4.17 | (1.47) | -$51,853 |
As it stands, I lost 1.47% today in the hedged REIT strategy. This market neutral position is still up 4.17% net after today’s action, though, so I’m maintaining this posture in the REITs until CBL pays their dividend on April 15, just in time for taxes. I will collect on that divi, dammit. (At $0.37/sh, do the math). BXP also pays later this month. But all is not so rosy in Bean Town. Were it not for the fact that I’m a big Boston Red Sox fan, I would probably have jettisoned Boston Properties (BXP) by now.
Additionally, I lost $0.43 on EBAY, $0.61 on FDO, $9.10 on [[GOOG]] and $2.24 on AMZN. So I’m giving some gains back. No matter, they’re very small positions. Starter feed, if you will. Never go all in, even if you have a hunch that big, rich stupid money is starting to sponsor a stock.
The last 12 minutes today gave us an indication of what tomorrow will be like. Trade accordingly.
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