Most of the shares in my watchlist are down today, with the small cap commodity stocks in bad shape (with the exception of Range Resources which is up 30%+). I wonder how much is the CMC Aim stock issue (see previous post: http://contrarianinvestoruk.blogspot.com/2011/02/cmc-markets-change-may-impact-aim-this.html) and how much is general market sentiment? Stocks in the portfolio like Bowleven, Weatherley and Rockhopper are all down again today, compounding a poor week. I've taken the opportunity to top up on Weatherley (excellent company for gains in a 3 month time frame, see previous post: http://contrarianinvestoruk.blogspot.com/2011/01/weatherly-international-namibian-copper.html).
Good to see Xcite moving up right now to 390p after the good start this morning evaporated. I'm guessing there was some selling to get into Range (RRL)?
Good to see Xcite moving up right now to 390p after the good start this morning evaporated. I'm guessing there was some selling to get into Range (RRL)?
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