Tracking

Wednesday 16 March 2011

Iofina (IOF) Iodine producers

Things started quite well this morning and the sp went to 24.5p then I noticed a slight reversal so I sold at 23.35p. Total profit £44 but not bad for 1 day and better than in the bank. Obviously it may move north later but again no such thing as a bad profit! I now have a limit buy for today on Tristar Resources TSTR for 0.99p. Whether I get it remains to be seen as the sp is above 1p but nothing ventured nothing gained!

The markets seem to have recovered a lttle today, nothing fantastic but not as much red about today.I am still waiting for news on a few shares but must remain patient.

I think that I did the right thing in selling IOF this morning as it has now dropped to 21.5p!

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