The first quarter was a shaky one for Impala Asset
Management's Impala Fund, which lost 15.85% through March. But
the fund may be back on solid ground. The recent stock market
rally took the portfolio along with it, to generate an April
gain of 23.29%. That puts the fund up 3.87% (net) for the
In comparison, the S&P 500 lost 11.3% for the first
quarter but gained 9.39%...