Highlights from my Portolio
Today has been one of those days. The economic news is mostly good but that means less chance of QE so everything falls. How peverse is that. The best that can be said for the day is that I am not down by much!
Alliance Pharma (LON:APH) ticked down, no idea why but I cannot think of a single reason to sell it.
Central China Goldfields (LON:GGG) got sold on profit taking and gold price falling.
Lees Foods Plc (LON:LEE) rose on a tip.
Oilex Ltd (LON:OEX) are drilling for oil using the same technolo Cairn Energy Plc (LON:CNE) used. Speculative buy for me.
Renewable Energy Hldgs (LON:REH) just couldn't be bought when the price was rising and when I did get the broker on the phone I could only buy 5000 at the prevailing price. It wasn't really worth doing but I did it anyway. They own a substantial share in an Australian Wave Energy outfit. It has the potential to be very exciting but having already risen a lot of over the summer, it could be that my timing isn't great.
Senior (LON:SNR) went XD
Vatukoula Gold Mines (LON:VGM) heaved down like the end of the world was nigh. Is it? A forty year mine with 4m oz of gold says it's not. I have traded one position but retain my core holding
Weatherly International (LON:WTI) lurched down on what I suppose is profit taking and a falling copper price. I see no reason to sell. There is no bad news and hopefully only good news to come so I hold tight.
As an aside, I have openend a number of FTSE100 positions I am testing something new @ £1pp. So far I am in profit but the jury is out. More anon.
Filed Under: Stock Picks,
Disclaimer:
Please keep in mind that all comments made by Susan Marmor are for educational purposes only and should not be construed as investment advice regarding the purchase or sale of securities, options, futures or any other financial instrument of any kind. Consult with your investment advisor before making an investment decision regarding any securities mentioned herein. Susan Marmor assumes no responsibility for your trading and investment results. Susan Marmor does not warrant completeness or accuracy for any observations made herein, or warrant any results from the use of the information. Susan Marmor may have a position in the securities and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies. There is a very high degree of risk involved in any type of trading. Past results are not indicative of future returns. Securities, options, futures and any other financial instruments can go down as well as plunge.
Alliance Pharma plc is engaged in the acquisition, marketing and distribution of pharmaceutical products. It sells a range of over 50 acquired and licensed products across a range of therapeutic categories. The Company has products in two areas of specialization, Dermatology and Oncology that are promoted. Its products include Acnisal, Alphaderm, Aquadrate, Atarax, Quinoderm, Occlusal, Timodine, Meted, Naseptin, Pentrax, Permitabs, Isotretinoin, Hydromol, Dermamist, ImmuCyst, Gelclair and Procarbazine. On December 16, 2011, it acquired the brands Quinoderm and Ceanel from Ferndale Pharmaceuticals Limited. On October 31, 2011, it disposed of Biorphen and Broflex. In August 2012, its wholly owned subsidiary, Alliance Pharmaceuticals Limited, acquired the antimalarial brands Paludrine, Avloclor and Savarine from AstraZeneca UK Limited. In October 2012, the Company’s subsidiary, Alliance Pharmaceuticals Limited acquired Opus Group Holdings Limited. more »
Bullabulling Gold Limited (BAB) is a mining exploration company. The Company is a 50% owner of a producing mine, Bullabulling. Bullabulling is located in the gold mining district of Coolgardie in Western Australia. Its license area straddles the Great Eastern Highway, and lies around 70 kilometers to the south west of the gold mining town Kalgoorlie. The Company owns a project area of 131 square kilometers, which is held in a series of granted mining leases, prospecting licenses and exploration licenses, including the acquired rights to its new Geko property. The Company has identified two mineralized trends of primary orogenic gold mineralization: the north-south striking Bullabulling Trend and the east-west to northwest-southeast striking Gibraltar Trend. The Company is the successor entity of GGG Resources plc (GGG). GGG owns a 50% interest in the Bullabulling Gold Project. more »
Oilex Ltd is an Australia-based company engaged in exploration, development and production of hydrocarbons. During the fiscal year ended June 30, 2012, the Company was primarily engaged in the exploration of oil and gas, appraisal and development of oil and gas properties, and production and sale of oil. The Company has interests in three field re-development and exploration projects in India which include Cambay, Bhandut and Sabarmati fields; two exploration permits offshore Australia; one production sharing contract in the Joint Petroleum Development Area between Timor-Leste and Australia; one exploration and production sharing agreement onshore Oman and one production sharing contract onshore Sumatera Indonesia. The Company operates in India, Australia and joint petroleum development area (JPDA). more »
