Wednesday, 13 February 2013

Eurasian Natural Resources once again soars #pitstips #spreadbet




A brilliant day saw the spreads up to £378. Aberdeen Asset Management recovered from a shaky start to finish up a few points. New open positions in RPS and Sythomer also proved to be worthwhile as both turned a profit on day one. There were steady gains for most of the shares including Laird, Mytrah and Hammerson.

But once again the golden medal goes to Eurasian Natural Resources, up 11.97pts on the day and up £105.55 since the start on the 2nd of January. That's a 105pts increase in just over a month. Ocado was down and this may very well run lower in the next few days as it did reach a high of 138.

With a profit of £378 currently, the next couple of days may see a hit as Pit feels that there may be more investor profit taking to come. But the overall outlook looks decent.

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