20 Nov | Sale – Ceramic Fuel Cells
Another day, another sale.
What can I say, we’re trading the Hades out of our little portfolio recently in the hopes of finding some short term gains in sectors new.
This time it’s our holding of Ceramic Fuel Cells (CFU.L) that’s been given the chop. We sold off 5,546 shares at 10.50 pence a share late last week after buying in for 8.84 pence a share back in June 2009. Not the sort of returns that are going to make us rich but it’s better than bank interest.
Now it’s not that Ceramic Fuel Cells had failed to deliver, it’s just that patience has never been a strong suit and CFU has been trading in a range for as long as I can remember.
Long term I love their product and on a whisper of good news to come I’ll be happy to re-visit our alternative-energy producing, Aussie battlers, but short term I’ve got an itch for speculative returns that’s just got be scratched.
But more on that soon…