Trades and observations from a British contrarian stock investor

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Wednesday, January 12, 2011

Some investment ideas once Xcite meets target price

I'm been starting some research into some portfolio additions once Xcite hits my target price of £5.50 or so and I can more sensibly diversify the portfolio. Struggling to find decent AIM opportunities outside mining and oil. But the search continues. Ideas welcome.

On my list so far are:

1. Sirius exploration (SXX) - but share price rise has been pretty aggressive over last few days
2. Rockhopper (RKH) - will be watching carefully once new well has spudded
3. Range resources (RRL) - some geopolitical risk to be concerned about e.g. Georgia
4. Coastal Energy (CEO) - hitting 52 weeks high which Contrarian Investor dislikes as entry point

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