Exciting Times

After my last post about Tangent TNG, I had the opportunity to sell today, so i did. I had an order in to sell at 7p but sold at just under 6p. Not a lot of money but a small profit!
I had looked at the stockpicker function on LSE and searched for shares under 1p. My eyes fell on Angel Biotech who were at 0.51p so I put in a bid and bought 55000 shares. They should be announcing their end of year trading statement in the next 2 weeks so I hope that it will be good!
I tried to sell my PTCM shares for 0.34p today with the view of buying back in at 0.31p later in the day. They got to just over 0.33p but not 0.34p! I keep trying to sell and buy on the retrace but one day I will be successful.
TSTR and VOG are still holding steady and both are waiting for an RNS so again,patience is the name of the game, although I have put a sell order in for VOG at 10p.

Tangent Communications

It was a very subdued day today, many investors were waiting for US Non Farm Payroll info and there was little trading really. Most of my portfolio was in the red although at the end the surprise was Tangent Communications. I bought these at 5p and they don't move much and the spread is quite large 4.75-5.50 so I was pleased when at the end of the day the mid price stood at 5.25p I am looking forward a good year end at the end of Feb. The results won't be for some time after but they do appear to be going in the right direction. Also a number of directors have been buying shares which is always a good sign.

Quiet week!!

It was a fairly boring week as not much happened. WEST had their results, which were not great but reasonable given the circumstamces and the sp fell. There continued to be loads of RNS(Regulatory News Service) for Greencore. Friday was the Record Day for divi, so sp went up to €1.47. I wonder what will happen on Monday? Will it continue to rise or will it suffer a retracement? There was a little bit of excitement for EDL but not much movement of the sp. TNG Tangent Communications had 2 managers sell about 22M shares but agin not much movement in sp.VOG's AGM came and went and still no news of the licence so the sp is still range bound around 5.25p.VOG did have a meeting with several PIs(Private Investors) from the LSE and iii boards. I have read a brief report and it seems very encouraging, we just need the licence. I have not renewed my sell order and my bank have suggested that I ring the telephone trading line. I will try that next week to check that I can sell online when the time is right.
Now that I am in profit withVOG, I am tempted to just let it run as it is possible that the sp could continue to move up throughout next year. However, there is a rumour that the French government is going to abolish the tax free elemenmt of share dealing in 2011. So if I sell by the end of this year, I won't have to pay tax on my gains next year and I will be able to use the bulk of my investment to trade other shares. Roll on the licence!!!