New positions for my M10/M100 Fund

ISIS
PRSC
LGND
BIOS

I used my big cash position to add these stocks into my Fund.
I am feeling positive about the general market again. Am invested fully with micro value positions. 
Should the market turn South I may feel a lot of hurt. 

 Note - My portfolio does not hold real money. It is part of a stock market simulation @ Marketocracy.com

My M10 & M100 Marketocracy Fund (791branko) - updated

Below are my current holdings.

Quarter2 has been terrific for my fund, returning over 19%. My YTD return is over 51%.

I am more optimistic about the state of our market. It's bubbling along resiliently and I do not see a major danger in the near term (apart from summer being traditionally a weak period for the market).
The general market has very quickly turned negative (stimulas easying announcement, options expiry), am I feeling a little embarrased! Absent of a significant market rally by mid next week I will be reducing my positions (updated 21st June).

I am fully invested in Heathcare stocks with a large position in ACAD.
As always, if the broad market shows signs of weakness I'll reshape my fund.

My Fund is now part of Marketocracy's elite M10 Index and it still features in their M100 Index.
Marketocracy is about to publish their end of 2013 Q1 rankings. My Fund will be shown as ranked #1 for 3 year returns and #5 for 2 year returns. The link below shows my 5 year return.
http://portfolio.marketocracy.com/cgi-bin/WebObjects/Portfolio.woa/ps/FundPublicPage/source=MlPfAlMhDnDkElAdMaKiAbOc/maxDays=1826


 I hope to shortly overtake Justin Uyehara for the #1 ranking in 5 year returns of the "Top Ranked Funds".

Symbol	Value	Return	Days Held
ACAD	$1,059,520	574.16%	222
MDSO	$308,337	80.05%	222
ACRX	$356,326	78.45%	125
SNTS	$332,914	62.60%	138
CSU	$239,020	47.19%	218
GILD	$210,244	40.19%	2755
CLDX	$218,020	22.36%	48
AMRI	$213,202	21.16%	1855
NBIX	$183,677	-2.69%	3984
CADX	$220,443	-3.73%	55
NPSP	$179,694	-6.52%	3806
TSRO	$165,764	-8.73%	13
SGEN	$191,240	-14.89%	55

Note - My portfolio does not hold real money. It is part of a stock market simulation @ Marketocracy.com

Medical Stocks Watchlist - new

This sector has been very generous to me lately. I think it will keep giving in the short and medium term.
Below is a shortlist of stocks with a nice technical set-up that I like.

GTXI HMA ISIS CLDX SRPT USNA AMRI RGLS ACRX PSDV CYH ACHC PBYI MDXG NVDQ CSII ADUS

note - i do not own any of the mentioned stocks, do your own research.

ASX Stock Market Game - update

 I am now on the leaderboard ranked #51.

This comp ends on the 29th of May so I have 4 weeks to try and catch the leader. There is only a prize for first place $,3000 so I will be adopting an extremely aggressive strategy.
I think I can win so I won't disclose my positions and strategy on the longshot chance that the leaders may find out.

National performance summary

Your portfolio value was	$58,572.64
Total number of ranked players	11970
Your ranking was	51
Average player value	$48,837.27
% of players in profit	44.29%

My ASX stock market game performance

I have entered a stock market competition, trading in Australian stocks.
https://myasx.asx.com.au/home/myasx.do

This game is run by the ASX (Australian Securities Exchange), it runs for 3 months so it's not really a serious demonstration of trading skills.
I entered the game late a couple of weeks and unfortunately it gave the leaders about a 10% advantage.

I have risen in the rankings to #104 and hope to be on their leader board soon. Not sure that I can win this comp given its short time frame but I will give it go.

National performance summary

Your portfolio value was	$54,569.38
Total number of ranked players	11561
Your ranking was	104
Average player value	$47,964.92
% of players in profit	25.88%

My Marketocracy holdings

Below are my current holdings.
Quarter 1 was terrific for my fund up over 27%. And so far this quarter I'm up over 7%.

I am very concerned about the current short term market state. Terrorism strike, Peninsula tension, Iran hostility, euro debt all have me edge. I have already sold several positions and may increase my cash position. If the market deteriorates quickly I'll buy into short etfs.

My Fund continues to feature in Marketocracy's M100, and it is ranked #1 for 3 year returns.
The link below shows its 5 year return. I will shortly overtake Justin Uyehara for the #1 ranking in 5 year returns if my momentum continues for another month or two.

http://portfolio.marketocracy.com/cgi-bin/WebObjects/Portfolio.woa/ps/FundPublicPage/source=MlPfAlMhDnDkElAdMaKiAbOc/maxDays=1826

Symbol	Value	Inception Return	Days Held
ACAD	$693,840.00	367.39%	159
Cash	$466,731.00
CSU	$234,175.00	44.20%	155
GILD	$214,281.20	48.97%	2692
SNTS	$288,824.90	41.07%	75
MDSO	$233,398.20	36.29%	159
DYAX	$234,666.60	33.05%	158
CBPO	$246,367.50	30.40%	50
NEO	$197,845.80	16.78%	53
F	$262,400.00	13.55%	173
ACRX	$199,715.20	0.02%	62
AMRI	$166,332.80	-18.13%	1792

Note - My portfolio does not hold real money. It is part of a stock market simulation @ Marketocracy.com

Medical Stocks Watchlist

Sym	Volume	Market Cap
ACAD	17,451,801	1,031,730	d m
GILD	10,698,899	78,714,144	t
MNKD	9,516,899	1,241,020	s
MTG	7,526,400	1,064,120	d m
RDN	4,953,800	1,956,830	t m
KERX	2,162,800	661,620	s m
NVAX	1,814,200	397,970	s
ASTX	1,497,600	592,340	s m
SNTS	1,477,800	1,115,820	t
THC	1,368,000	4,423,010	d
ISIS	944,800	1,956,100	d
SGEN	878,400	4,482,700	s
CLDX	834,400	966,380	t
AEGR	700,100	1,113,830	d m
CYH	661,600	4,003,560	t
ACRX	520,200	222,360	d
SNTA	475,500	722,320
SGMO	467,800	562,870	t
DYAX	414,300	438,910	t
PCRX	398,200	956,820	t
INSM	364,000	231,990	s
TEAR	286,700	215,450	t
CADX	255,000	603,110	d
FVE	242,600	329,440	t
ECYT	229,800	504,750	s m
AMRI	204,700	307,100	d m
CSII	153,200	436,640	d
PAMT	145,500	106,790	d m
MDSO	141,400	1,462,520	t
CSU	139,900	734,360	t
PBYI	95,000	916,420	t
DRRX	94,400	131,430	s
GNMK	81,800	453,040	t
NEO	72,100	195,890	t
STRM	71,300	90,250	t
LCI	60,900	302,920	s m
ADUS	56,800	137,930	d
CLVS	45,400	811,120	d m
AXDX	42,600	245,030	t
CBPO	13,500	712,930	d