Sorry I have realised i am a terrible blogger and that there is little continuty to allow my progress to effectively be tracked. I'm looking at fixing this by having a table at the top with my current open trades and target prices so this is easier to track.
Just to update you all, my love affair with Wellstream is coming to an end and i think I am going to sell out of this one with a small profit (it has pained me sticking with this one patiently waiting) and it has rocketed 7% today to just under break even point..... I'll see what the rest of the day brings.
ICAP - sold this for a small 5pc return... again this stock has not moved fas enough for my liking so i ditched it.
I am very seriously looking at BII at the moment - it has fantastic fundamentals and is a nice pharma that is a very strong buy given its market cap is approximately aligned with its cash in bank (surely a no loss scenario here?!?). I want to buy in under 1.15p though - looking at pumping in 3k to this one - thats 25% of my total portfolio so deserves some detail adding... Thats coming later!
Ali
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Wednesday, 25 March 2009
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