Optibiotix has gone completely mad!

I had to write a mid-week blog post as it might all go south tomorrow and I wanted to register the two best ever days in my portfolio.

There must be institutions buying OPTI:Optibiotix, because the trading amounts are colossal. 8.5 million shares today, and it's been similar every day since last Wednesday.

Today they went up 10.5p from 27p to 37.5p

I've made up £43,798 of losses in 2 days this week, and £32,195 last week. That's £75k in 5 trading days.

The trigger was the RNS last Wednesday which was the first time major global corporate partners were mentioned in connection with Sweetbiotix, these being Kelloggs, Nestle, Coca Cola , Firmenich, Tereos, Cargill, Arla ,Tate and Lyle, Agropur, Givaudan and Tata.

Add to that scares on the health damage of sucralose and aspartame, and it seems to have created a perfect storm.

Volumes have been massive, so surely this must be institutional investors? Given it requires less than 3 million shares to need to declare a holding, will we see any announcements this week?

My OPTI:Optibiotix holding is 241,175 shares costing £116,655, so my average purchase price is around 48p.

I only need the same price rise as happened today to happen again before the end of the week, and my OPTI holding will be in profit.

As it is, I have the purchases split into price bands that I paid for them, so although I'm still £26k down altogether, I have some holdings in profit which are £12,218 up at the moment.

I did sell my trading pot at 31.56p which turns out to be way too early, but it made £283 (57%) profit which is more than my trading account usually makes. Haven't a clue what to buy with it next.

I'm writing this today because I'm very, very happy. I may not be so happy by Friday if there's a re-trace, so I want to write nice words, as there have been 2 years of solid misery, and this is the moment I've been hoping for, for a very long time.

The effect on my portfolio has been to increase the value to £128,110 and reduce the deficit between cost and value to £58,146. 

I'm going to celebrate with a bottle of wine this evening, and I have a day off tomorrow so I can get well away from a computer screen in case it all goes downhill...