Monday, 11 July 2016

What a Day!

Today has been incredible. There's not been one day like it since I started this lark almost a year ago. After the misery and depression of Brexit comes hope as £1,300 of losses were wiped out in a day

Fifteen of my shares rose by over 5%

Five of my shares rose by over 10%

HGM:Highland Gold Mining rose 25.9% and increased the SIPP profit by £500 on that share alone. It's now up 145% from when I bought it, and that doesn't include the £50 dividend.

However, biggest shock of the day was my nemesis share AFG:Aquatic Food. After months of watching the share price dwindle towards nothing, it leaped 63.6% today. Slight problem is that it's still down 67% from when I bought it, but my concerns that it was being devalued  with an ultimate aim of de-listing have been temporarily laid to rest. There might finally be enough interest in this share to take it to a sensible price, as a P/E ratio of 0.9 is just silly.

I mustn't get too excited, as all this lot could reverse tomorrow, especially with the market in the crazy state it's been lately. However, I'm going to celebrate tonight while I have a chance!



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