Well the FTSE is still in limbo and it's been a bit boring on the trading front although I am back well into profit, recovered my £100 loss and made a further couple of hundred quid so am happy withthat.
Work has been mental of late so not spent as much time scanning my shares as I might have liked.
Still this afternoon i have managed to have a gander and well I found something rather shocking. Formjet - a firm I was looking at but consdiered too risky to invest in a couple of months back is up 45% on the day. Very, very frustrating! Then again you might remember on a previous post I tipped Sinclair Pharma at just under 30p - its done nothing but slide since so its all swings and roundabouts. I'm glad on that basis that I did not buy either of them to be honest!
Well the new one on my watch now is another tech company that Qonnectis is in a good high performing sector (Computing /IT Services) which has been battered of late but getting its act together with a new board. I'll see what happens with the macro-economic environment first before getting my feet wet!
Another buy that I jumped into was AXS. Very odd firm but again in a good sector that is performing well. I'll write more about it later but i'm already a good 15% up and due to see a CEO presentation in a couple of weeks where i will then hopefully learn a lot mroe around all of this. For now it was a purely technical trade with a quick look at promising fundamentals - i don't like to get bogged down in detail. I don't think it is necessary and well my approach has always worked well for me (well sometimes!)
Friday, 19 June 2009
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