It’s not been such a good couple of weeks for the portfolio. – Some good gains overshadowed by some big drops.

GKP – Knocked back massively by the Exxon takeover news. It will bounce back… In fact, started to recover nicely today.

The other big loser was Angel mining. – I should have learn’t my lesson last year when I lost money here last time! – Even though I had a small holding losses were mounting and a 40% drop was sufficient for to call it a day. Sometimes when you think – “It can’t possibly go down any more” – IT CAN! This was always a risky share  This equipment breakdown may mean they cannot meet the targets agree with their SEDA. – And then what??

Some excellent gains on the rest of the portfolio. In particular Coastal energy now showing over £1000 profit. CML microsystems, GB group and IP Group all showing excellent gains and are all holds for now.

The only buy of the week was Photome (PHTM) that looks very cheap right now. Bought for 45.5p today.