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Best & Worst Trades of 2007 ?
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Topic: Best & Worst Trades of 2007 ? (Read 326 times)
langman57
Full Member
Posts: 107
Best & Worst Trades of 2007 ?
«
on:
January 13, 2008, 02:30:14 PM »
What were your best & worst trades of the year?
Best - bought UGTH $1.10. Currently at $2.95, still holding. Has been as high as $4.50.
Worst - bought some PNP at $10, it dropped to $4.60, bought more, now down 58%. Still holding.
Should have followed the 20% rule.
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Last Edit: January 13, 2008, 02:52:49 PM by langman57
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Croaker
Full Member
Posts: 209
Re: Best & Worst Trades of 2007 ?
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Reply #1 on:
January 13, 2008, 05:24:51 PM »
Best - KGC - +30% and still holding.
Worst - Cash Min - minus 55% - Still holding and waiting on the river card.
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sunseeker
Hero Member
Posts: 1343
Stirred not Shaken
Re: Best & Worst Trades of 2007 ?
«
Reply #2 on:
January 13, 2008, 07:14:17 PM »
Worst Uranium Resources LSE: URA some buying some selling overall -24.4% keeping because it's a very small portion of portfolio and it's £0.0425, so it will only need a small increase to put it back into profit. Although Hochshild LSE:HOC is giving it a good run for its money (Definitely selling).
Best Randgold +100% Bought £11.00 Current £22.00 (sold 75% @ £18.78, and added to my holding of TSE:HGU which is up overall 37.5%).
In essence my uranium stocks are all losers to one degree or another.
My gold stocks are very nearly all winners (thank goodness that over 50% of my portfolio is gold).
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richmanch
Guest
Re: Best & Worst Trades of 2007 ?
«
Reply #3 on:
January 14, 2008, 11:34:42 AM »
For worst uranium trades....jeez, take your pick. I'd say JNN is looking pretty bad right now.
Best was selling pinetree in april.
worst of the rest--I bought EGLE, the shipping outfit. It dipped, I bailed, and then it tacked on about 50% in a couple of months (now it's down again).
best of the rest--Petrohawk, up about 50%.
Though as far as trades go, it seems that a lot of my smartest moves have been selling stuff as soon as the tides were turning--I had some real crap last year, but unloaded with minor damage or small profits. I had Citibank, Hovnanian, VRTX. I wish I had done the same with the uraniums, but I had an unreasonable attachment to some of them, and now I'm stuck.
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