The "Modernist" Track Record: Picks Since April Down Average of Over 40%

The "Modernist" Track Record: Picks Since April Down Average of Over 40%

June 7, 2012
"Modernist" Pick - Long RSH
"Modernist" "Analysis" - "RadioShack is a compelling value investment that can easily double its share price... Shares have set a low."
"Modernist" Result - RSH went down. "Modernist" Position LOST 44.23% since article.

May 22, 2012
"Modernist" Pick- ZNGA
"Modernist" "Analysis" - "I love Zynga at these levels."
"Modernist" Result - ZNGA went down. "Modernist" Position LOST 53.88% since article.

April 25, 2012
"Modernist" Pick - Short AMZN
"Modernist" "Analysis" - "This is an article about Amazon (AMZN), and how it will destroy wealth for those who are currently long, and create wealth for those who get short."
"Modernist" Result - AMZN went up. "Modernist" Position LOST 29.11% since article.

April 19, 2012
"Modernist" Pick - Long DDMG
"Modernist" "Analysis" - "I very rarely make an explicit prediction along the lines of a stock moving from $200MM to $1BB in a year. ... This is the kind of stock that will freak you out. In a good way."
"Modernist" Result - DDMG went down. "Modernist" Position LOST 45.65% since article.

For what it's worth, the "Modernist" makes this call on Vringo: "Vringo's alpha is set to reverse. It is time to sell." While "past performance is no indication of future results," we note that each of his picks listed above went an average of 43.2% in the other direction.