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On the Radar – Lyxor ETF IndiaI’ve long been bullish on the Indian economy and have watched it’s emergence as a burgeoning economic power with genuine interest over the past decade. Now, it’s time to put my money where my mouth is and what better way, than with an Exchange Traded Fund (ETF). Exchange Traded Funds are index-linked funds that are tradeable just like normal equities. Their aim, simple, to closel...
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Day 49 – Portfolio Value £7,789 Up £274 On Th...Following ReneSola’s New York listing (SOL) climbing 35 cents in as many minutes before yesterday’s close of trade, I guess I was half expecting some modest gains in ReneSola’s share price today. Half expecting. Though as I’ve pointed out more than once on Investor Trader, what should happen and what does happen with AIM listed shares, are often two very distinct beasts. So...
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Day 48 – Portfolio Value £7,507 Down £124 On ...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 of 240 pence, ReneSola has come back to earth a little – closing today at £...
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On the Radar – Renewable Energy HoldingsOn the advice of one of our readers (thanks Justin) we’ve placed Renewable Energy Holdings (REH.L) on the radar. As its name suggests, Renewable Energy Holdings is all about sustainable renewable energy. They seem to have their finger in a few alternative energy pies from wind, wave and solar through to methane capture and hydro power generation. Obviously we love the sector with all it̵...
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Day 45 – Portfolio Value £7,690 Down £90 On T...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 two quid, I’m getting back in”, or ...
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Sale – ReneSola (just a little more)I see red arrows next to ReneSola for a second day in a row and I run! Only kiddng, though there is an Annual Report on offer very soon. I was under the impression that it was on their website, but I can’t see it yet. Anyway, we sold another parcel of 500 shares at £2.0414 for a total consideration of £1,020.70 this morning, bringing our holding back to 1,000 shares. In the past on occasio...
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Day 44 – Portfolio Value £7,780 Down £35 On T...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 have a mild 6.8% retraction – and 6.8% is mild going on this past month’s gains...
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Purchase – Lloyds Banking Group PLCWe’ve taken a little slice of the UK banking sector on-board with today’s purchase of 774 Lloyds Banking Group shares at £0.6719 for a total outlay of £520.05 plus dealing costs. On the back of a ton of re-structuring news of late, hopefully Lloyds can put a horror stretch behind it and make us a quid or two into the bargain. If it can – a little belatedly – follow in B...
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News, News, It’s All About the NewsInvesting without the most up-to-date news is like eating a kebab without using your hands, it might be fun for a while, but it’s gonna get messy! Now with a million and one investment news sources on the web, the beginner investor can get lost in a sea of analysis and opinion and fail to see the big picture. Don’t get me wrong, there’s a ton of places I go for my finance news, o...
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Day 42 – Portfolio Value £7,732 Up £245 On Th...Our portfolio made nice gains again today on the back of, yep, you guessed it, ReneSola. Our Chinese solar wafer maker finished up a further 16 pence (7.69%) today, a continuation in the strong uptrend that has seen it’s price roughly double in the past 16 trading days. Renesola's Recent Rises - chart courtesy www.iii.co.uk I’ve got to admit to offloading another parcel of ReneSola...







