Category: Daily Updates

So on the back of a triple-digit drop in the FTSE it was another day of low expectations. And low expectations delivered! Eros International delivered some final results, highlights as follows: Group turnover up 38.7% to US$ 156.7m (2008:US$ 113.0m) Gross Profit up 13.4% to US$ 71.5m (2008: US$ 63.0m) EBITDA up 41% to US$ [...]

Thud! That’s the sound of the bottom falling out of our portfolio. There’s going to be days like that but you’ve got to remain philosophical. As long as the good days outnumber the bad days, we’ll get there in the end. I’m just not sure where there is! Clipper Windpower came back 6% on news [...]

On a day when the FTSE finished sharply down, our portfolio provided a mixed bag. We saw modest gains in Lloyds Bank (up 2.3%) and Ceramic Fuels Cells (up 3.0%) but these were more than offset by the continued retracement of ReneSola (down 5.8%) and the yo-yo-ing, Climate Exchange (down 4.9%). After last weeks highs [...]

ReneSola experienced a second day of retracement following our crazy gains that began last week, but interestingly it seemed to settle around the two pound mark. Psychologically, nice round figures tend to make convenient entry and exit points for investors and theoritaclly at least, can bring on increased volume. “If that thing ever gets under [...]

So, the inevitable happened, ReneSola came back a little. Not a lot, but a little and believe it or not, I’m a touch relieved. Not that I don’t like making money, it’s just that volatile stocks that climb that fast tend to slump back down to earth with an even bigger thump. For ReneSola to [...]


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Disclaimer: Investor Trader is the blog of a single, personal investor. The owner of this blog is not a citizen of the United Kingdom nor is he based in the United Kingdom and the blog is not hosted in the United Kingdom. The owner has never received any form of compensation for providing investment recommendations and has never in the past been employed in any capacity where he has provided investment recommendations. Investor Trader does not make investment recommendations and no information displayed on its pages should be considered as investment advice. Nothing on Investor Trader should be interpreted as a recommendation or solicitation to buy or sell any securities or investments. All trades are first reported on Investor Trader at least a day or two after the fact (but more often a week or two), never live. Investor Trader is here to journal my attempts to make a few quid from the markets and possibly to entertain you a little into the bargain. Please, please, please, do your own piles of research and if you want good investment advice go out and find someone who does this sort of thing for a living (i.e. not me). Most of my investment decisions are based on gut feelings, hearsay, unfounded rumour and whether or not I like the cut of a company logo. You've been warned!
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