It just won't stop!
Every time I think I've had the best ever day for OPTI:Optibiotix, along comes a better one.
Today started off fairly quiet, but after 1pm the shackles came off and it went up 12.5p. The bid price is a bit behind, as there's a 4p spread, but it still added 10p and now sits at 116p. That's perilously close to a market cap of £100m when bigger institutions are allowed to join in.
My humble holding is now making potential profit of £37,195 (75%).
Bloody hell!!
Am I going to top slice any profit?
Am I 'eckers like
This rise is on no news. It's merely the product of 3 years being held back and traders and one major seller keeping the price in a tight range.
Although I was miserable for much of the 3 years, it gave me a chance to keep pouring profits from other shares into here.
Now it's all paying off - or at least starting to pay of.
SBTX:SkinBioTherapeutics has also taken off in parallel, now 70% up making £732 potential profit. Every penny this share goes up increases the value of the OPTI divi. Happy days!
Should we look at the chart?
The scale has had to re-rate rather significantly.
Total portfolio value has smashed through the £110K barrier and hit £114,804 with a £28,287 buffer between cost and value.
I feel I should temper all this jollity with the more usual grind of misery, and what better place than my trading account.
I found a couple of shares last night that had been on hard times, appear oversold, and which had spiked upwards yesterday. My thinking was that the momentum would carry them forwards.
I bought 287,088 shares in KOD:Kodal Minerals at 0.17p costing exactly £500. These didn't do too bad, rising 7.6% today so the bid price is now the same as I paid, and I'm only down commission.
Meanwhile my other penny share purchase was TEK:Tekcapital where I bought 3,486 shares at 13.4p for £479.07. These did much less well, dropping 15.4% and with a 17% spread are already down 30%. That's more typical of my trading account performance!
CAML:Central Asia Metals dropped a penny and so are down 7% in 2 days.
IQE:IQE dropped, but not far enough to trigger my 99p limit order. Maybe tomorrow...
So after 2 days, including my existing losses from LION:Lionsgold, my trading account is down £365 which is 20%. Wow - I'm so good at this!
Let's not focus on the negatives. At £15,586 up on the week, this week is beating my previous record of £13,318 2 weeks ago, so will Friday hold up and let me celebrate over the weekend, or will I slip back below the record?
Stay tuned to see how it all plays out tomorrow...
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