jamesmaggs4 Nov 2009 13:07
If you believe in HAWK mate, stick with it and best of luck. I had a similar ride in my SIPP with Gulfsands and was tempted to get out, but I tend to leave my SIPP alone and not meddle. Apart from ICX, it's worked so far. 47% up in 18 months, sadly not a huge amount, but I may convert my old company pension this year. Only thing is that it is a final salary scheme and everbody says that I'd be mad to change. I should realy consult a 'Professional Advisor', but they want £500+ to look at it.
I must admit, I've not looked deeply into HAWK, it just never seems to move much, even on good news. I don't like that sort of share, probably not learned the patience thing enough yet. When I research new prospects, I usually want to get in right away, even if it means selling other shares at a loss to release funds. That has proved very costly at times as I've sold at a loss, only to watch the share I've just sold rocket and the one I've just bought fall. Getting better at it though, It's just very frustrating researching a share, and being certain that it will rise and not being able to buy due to lack of funds. SUNKAR - SKR: is a case in point. I've been watching it for 3 months or so and watched it spike to around 40p and fall back and today rise again, but I can't get in !
I need more money !!