|Symbol||Last price||Mkt cap||Price||2010 YTD|
Friday, 10 December 2010
Trading Update: XEL or bust
Quite a big month December so far, my predilection for betting big on smaller stocks shows good gains but is turning very high risk indeed. However, much of this risk is in paper profits in any event. The real mover has been XEL up another chunk from 240 to nearer 280. Given I started at 57.5 average in September this has been pretty good. I also this month managed to sell FDI for breakeven, only to buy into RGM too high and see that come off. Some long-term bets are also starting to pay off, XTR up 27% today and back to near breakeven, AST going from 30% down to 30% up in a month and even EMED motoring (bit annoying this though, hoping to move XEL money there). Looking at 80% up overall on the year. However, XEL is going to announce next week, weather permitting, if it can pump the heavy north sea oil it has the rights too. If it can then another pound or two on the share price, if not then a quick sell with a pound or two off!