Fletch0714 Oct 2009 19:31
Can understand the nerves on this one and PXS. I did the same on BRR which I saw more than triple and then watched it come all the way back to my buy price! Made some big mistakes in my early trading days following the herd, but have changed my ways. I don't take the chances that I used to now either and go for generally more secure companies rather than lumping in to just one sector of the market.
As to what I'm in to, I've only got 7 holdings at the moment, so definitely on the lookout for some more. Of these 7, I'm up handsomely in 5 and a little down in 2. My happy holds include AFC at 3p/4.3p, EML at 5p, PMK at 7.4p, AEX at 6.75p and TXR of course from 5p/6.13p. As to my 2 losers, BRR I'm now averaged at 3p (after a badly thought out top up at 5.79p!) and IVS is my last hold from 2p. Thats currently suspended on AIM, but should return next month. I don't have much there, but they've got massive property assets that are worth many times their market capitalisation,so I may top up when it returns and wait.
I've also got a small account with a mate at work who lets me pick the shares now (after his initial losses) and we're holding Afren from 36p, BRR at 2p, CFM from 2.49p (just sold at 19.59p) and Optare is our only loss down from 9p to 7p, but I think this is worth perservering with for now. Am doing a lot better now than my early days which saw me with the herd in Northern Rock and Bradford & Bingley etc., but its been a steep learning curve I can tell you!!