Trades and observations from a British contrarian stock investor

This blog is not intended to give financial advice. Before investing, do your own research and consult your financial adviser if appropriate. The accuracy of any information included is not guaranteed and may be subject to conjecture or interpretation by Contrarian Investor. Therefore visitors should validate all facts using alternative sources where possible.

Tuesday, February 8, 2011

ARM Holdings short closed

A quick trade on ARM Holdings (ARM) closed today with the 2.5% drop for a small profit. Need to deploy cash elsewhere in RKH and XEL. Xcite is the place to be with rig deadline 3 days away and rumours starting to build. Nice turnaround in the XEL share price in the last part of the day and reasonable volume as again we bounce of 355p. Let that be the bottom!!!
Posted by Contrarian Investor UK at 9:14 PM
Labels: ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)