Bought: week ending 21 August 2015

Monday, 24th August 2015 10:11 - by Moosh

Here will feature any companies I have bought and reasons as to why. These are not for daytrading since I am not a daytrader.

I generally buy on low interest/volume and often when no news is around or forthcoming but keeping in mind recent news events so it would be best not to follow me if you prefer safety in numbers. I use the same buying point on a technical basis and these will usually happen on down days.

Empyrean Energy (EME)

For the same reasons as stated in my blog post on 17 August 2015, I am a buyer of EME below P2 reserves value, adjusted accordingly to crude oil price. I don’t envisage the price moving for 12 months so it’s a long term hold.

Do your own research as always.

The Writer's views are their own, not a representation of London South East's. No advice is inferred or given. If you require financial advice, please seek an Independent Financial Adviser.