noonriser19 Mar 2010 11:24
I just dont know mate,i seem to have so many all or nothings at the moment,can i cope with another? Sitting on PYM,AKT,NVTA,HVE,UEN,PLUS,MWA,CSLT,VOG,TNZ and of course those badhawks,waiting for some kind of recovery. I,m maxed in a few like jarvis,speedy hire,rok,spice and took a "management decision" earlier to take a painful and capital losing garage sale of 40k of the badhawks and used the proceeds to buy even more uk coal and clear my open position once and for all. My inclination is to sit on what i,ve got now, 38 holdings including those delisters and gone busts which still seem to show on my nominee account. The split is about 60/40 in monetary terms between non-yielders and recoveries and the half decent stuff like glaxo,vodahone,balfours,scottish and southern,cable and wireless and a few oddities like winkworths and wichford. I want to trade out of some of the bigger gamblers which have essentially been a series of averaging down exercises and try and manage the p/f so that i,m 25% in gamblers but say 4 or 5 companies and top up on the decent stuff on dips once i,ve cashed out of the larger gambles,zipping in and out of things has been fun but the hawk thing has pretty much killed all my gains and the remaining 60 need to go to 50p or more i guess to break even,to quote you when you,ve had a bad investment day, "what a world!" any thoughts mate/?