Just as we thought the green shoots were starting to appear, the Swine flu hits UK shores... I was expecting this to be the news I was awaiting to put an end to the bear rally we have been experiencing over the past few weeks!
To be honest though, my view to date is that it has all been a little over-hyped. I felt so strongly about this that I took the opportunity to buy BAY after 8% falls on Monday, filling my order at 150p (I like BA and I think despite the hammering the airlines have taken of late, they are well positioned to weather the storm and are actively seeking out new partnerships, cost cutting measures and I think are still very much undervalued). I'm targetting 168p here so will see how that one pans out!
PURI did great today - finally closed this 4 week long trade to net a 780 quid profit....
I am heading off to anoher seminar next week with a few more interesting companies so will see how that progresses. As of yet both Oxus Gold and Medusa Mining have been fairly static so holding out for so good news of massive gold veins being uncovered..... hey i can hope!
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