Home > Historical Performance > Historical Transaction Report

Transaction Details

Company: Forward Industries
Ticker:ford
Yahoo Beta:0.71
Industry:consumer products -- plastic & rubber

Company Description:  Forward Industries, Inc. designs, manufactures, and sells carrying cases for consumer electronic devices. Forward's two largest product groups include cell phone cases and diabetes monitoring equipment. Forward works with OEMs to design products and outsources production to China.

Purchase Date:11 Jan 2006 Sale Date:26 Apr 2006
Purchase Price:$11.03 Sale Price:$10.20
  --Split Adjusted:$11.03  --Split Adjusted:$10.20
Shares Purchased:500 Shares Sold:500
  --Split Adjusted:500  --Split Adjusted:500
Transaction Fee:$181.56 Transaction Fee:$145.72
Price Range (6 Months Prior):    Price Range (6 Months After):    
High$28.72 High$0.00
Date08 Sep 2005 Date01 Jan 1996
Low$8.90 Low$0.00
Date30 Dec 2005 Date01 Jan 1996
S&P (Purchase Date):$1,294.18 S&P (Sale Date):$1,305.02

Purchase
Timing:  The stock recently reached a low. It has fallen $20 per share in the last three months and is trading at an attractive price.
Reason:  We already held the stock in our portfolio. The managers believe that the recent price drop in response to a lowered earnings forecast is too extreme based on forecast earnings.

Sale
Timing:  
Reason:  Forward has rebounded from its low of about $8 per share, but shows no prospect of increasing substantially in the short run. We sold to free up funds for an investment in a different sector.

S&P Gain: 0.84 % Annualized Gain: 2.95%
Stock Gain: -7.52 % Annualized Gain: -23.8%

Dividends:$0.00
Net Holding Return ($): $-742.28
Net Holding Return (%): -13.03 %