Financial Spread Betting - Weekly round up #pitstips

 

At the weekend starting 16th February 2013, Pitstips is up to a profit of £385. 

A brilliant Tuesday and Wednesday followed by a patchy Thursday and slightly better Friday wasn't enough to take the shine off an excellent week.  Aberdeen Asset Management is our top earner with £180 whilst Eurasian is matching and more on the points increase but only was bet on as 1pp. 

Eurasian is up almost 100 points since opened in January. Ocado is making Pitstips £40 and was up near the fifty odd mark early last week. Perhaps a true indication of where investors see it as will be next week. If the share goes on a further increase then we could be in business for some nice returns. Or the investors may profit take and reduce it back down.

Paragon Group of Companies is netting us £27 whilst, at last, Unite Group is showing signs of life. Since mid-October the share has only risen 23 points. But it's a start. A mention for Laird too who has been languishing in the red for many weeks and which is now netting me just short of £20. The two new introductions RPS and Synthomer have already edged into blue territory which bodes well for the next month. 

And special mentions for the black sheep of the portfolio. Talvivaar has done nothing but plague me since I first opened it, but it is becoming something of a friend in need right now. It was down as much as -£30 at some stages but has rallied to a loss of 16. This company has been plagued by production issues and a toxic leak which has set production back and enforced temporary redundancies. Let's hope it can get back on track.

And Mytrah, who deal with wind turbines, is at last making us some money up £5. 

Very disappointingly Elementis continues to struggle and has done since opened December. 

It doesn't seem to know what to do with itself. We're currently on 225 points with it, and it did make a revival early December. After a trough over the last few weeks interest seems to have been rekindled somewhat and an upward trend may be starting to take shape.

Vodafone is also down 7 points since opened. I'm not too concerned about this although I would like to see some positive movement sometime soon. It has a market capital of £82bn and off 30 brokers 18 have rated it as buy or strong buy. We have this until September so there's no immediate panic.