Disappointing9 Nov 2020 17:36
Its's funny, I was thinking to myself over the weekend, how holding the likes of PTRO, TPG, ALM, CPX, KMK had not been working out so well with my other FTSE-based stock slections making gains over the last few days not shared with these AIM stocks. I looked at the AIM Index and saw its already back to where it started the year, whereas FTSE is stil lagging well behind, meaning there's a large upside to come, just to get back to where she bgan the year (which will inevitably happen given enough time)
THEN the news today....and I see a sea of green across my portfolio, 5%, 10%, 20% gains standard against my portfolio, which is largely built on stocks I saw as having great recovery protential.
Look down to the bottom of the list and ALL of these AIM picks are showing red. I mean seriously, if not a single one can make gains on a day like today, why am I holding them? I think I've made a pretty big mistake getting involved in these shares, which are just a drag on my main portfolio of recovery plays! Even AFTER today, the FTSE still has 20% to go to get to where she started the year. That IMO is the place to be at the moment, not messing round with the AIM - which has already made a full recovery back to and over its Jan position.