Go For Broke

Thursday, July 31, 2025 -- $193,574.05 (-$23,785.81, -10.94%) With the portfolio down for five straight sessions since my last update, I decided to shake things up by purchasing 580 additional shares of INOD on margin. INOD reported Q2 2025 earnings after today’s close: earnings exceeded expectations by $0.08 per share ($0.20 vs. $0.12), but revenue came in $1.02 million short ($58.40M vs. $59.42M). Despite the earnings beat, the stock appears to have followed a “buy the rumor, sell the news” pattern—climbing $6.41 during the day, only to fall $6.90 in after-hours trading. The thin volume in post-market trading tends to exaggerate moves, so tomorrow’s regular session should give a clearer picture of how the market digests the results.

  Wednesday, July 23, 2025 -- $217,359.86 (+$199,528.39, +1,118.97%) Nearly three years have passed since my last update—and those years nearly wiped me out.  Please note that the gains and percentage gains shown are since the last blog entry, which was almost three years ago! Life got busy, and chronicling my portfolio blunders became exhausting. I hit rock bottom on May Day, 2024 (May 1st), when my account dropped below $8,500. From a starting point of $100,000, that loss was devastating—though not surprising, given my insatiable risk appetite. One of my many flaws is that when things go badly, I shut down.  I lose motivation.  And I definitely don’t want to broadcast my failures to the world.  That mindset clashes with the whole idea of an honest, for-better-or-worse investing blog.  So I failed miserably, hid under a rock, and didn’t come out until things got better. Things did turn around, but not thanks to any skill or strategy.  Just dumb luck....