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15 Jan | Sale – Entertainment One

After amassing some lovely gains in Entertainment One (ETO.L) over the past seven or eight months, we took a little off the top, selling 300 shares at £1.3912 for a return before costs of £417.36.

It’s the second trim we’ve given Entertainment One in the past couple of months, and although I believe there’s a ton more left in it, I’m never too disappointed taking profits. Especially when a share has already returned well over 100%.

In the case of Entertainment One, we bought in back in May 2010 for 61 pence. At close of trade yesterday (14th January 2011) ETO.L was trading at £1.57.

We’re still holding 900 shares from the original 2,267 we purchased.

Here’s why we bought in the first place.

And here’s a very easy-on-the-eye chart covering the period of our holding courtesy of our friends at SharePrice.co.uk

More on where we put the proceeds early next week. Thanks again for dropping by.