Contrarian Investor UK invests mainly in UK FTSE and AIM listed shares. Like famous contrarians, Warren Buffett and Anthony Bolton, he likes to take a different view to the crowd of investors. He prefers the short term, possibly speculative trade, to the long term hold and takes the view that it's about "buy and research" not "buy and hold"! This blog tracks Contrarian Investor UK's thoughts on the stockmarket and his portfolio's trades. Move against the herd with the Contrarian Investor UK!
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Tuesday, January 18, 2011
Rockhopper entry point moves closer
Falkland oilie Rockhopper (RKH) fell about 2 percent yesterday and it is down today about 6p to 366p. Looks like there's a heavy seller in the background looking at level 2. I've put in an order at 350p and I'll see what happens in the next few days. Not rushing in over 360p yet. Patience is the key for a reasonable entry point.
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