Wednesday, 4 February 2009

Petrofac, BA moving upwards

Wow - i really am pleased with this one. I am now only 9p off my target price of 340p. I'm looking for decent cover though so with the current price at 432.00 I think I will see if my target can be hit tomorrow and cover at 340p. This could go higher so I don't want to cut my profit too soon and I think I have missed the boat for BA quick gains now so no need to release cash to re-invest...

BA is STILL rising as well.. had i the cash I would have bought in at 120p and be happy taking profits anywhere around the 150p mark. My strategy is always a 10pc cover. I'll hold some stocks longer term if i think there is value. Hoping for a dip to buy into.

Resuming my hunt shortly for some nice breakout stocks so hope to update my watches and using ADVFN filters later on tonight!

No comments:

Post a Comment