I can hardly believe it - my nemesis share is actually in profit on one of the purchases!
My 3rd purchase of GLEN:Glencore was at 91.8819p and today they rose 16% to a bid price of 99.31p. They are sitting there with £50 profit!
How tempted am I to sell those and run for the hills...
However, it only goes a small way towards undoing the damage of my first 2 purchases at 181.325p and 165.325p which are between them down by £711.64.
I just need to keep my fingers crossed as the profit slowly eats away at the loss - or alternatively they'll tank again and I'll be miserable
At the moment I'm content to celebrate a small ray of sunshine and hold them for greater glory.
Other strange activity this week has focused on RCI:Rapidcloud. Yesterday they went up 23% and today they went up 14%. Granted they are still down by 58% overall and losing £632.50, but this was much worse 2 days ago. There's not been any news, but people are buying the shares - I wonder what's going on?
Even stranger activity has been the gradual climb in one of my 2 complete no-hoper shares TRK:Torotrak. They have gone from about 3p to 5.3p this week after successfully demonstrating a car with one of their devices in it. Now it's only 14% down and losing just £39.38. Could their fortunes be about to turn?
Meanwhile in America, AA:Alcoa are surging, with about 7% rise yesterday and so far 10% today they are only down 10% and £100 loss. It's looking rather promising.
I'm keeping everything crossed for a positive day tomorrow, as even a break even day would result in a superb week for the portfolio and a dramatic reduction of the paper loss. Hope writing this hasn't cursed it to a gigantic crash...
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