Sunday 27th May 2007 - Time is short

Sadly, in the world of looking at stocks, time is short presently for me, so not that much time to pour over events and articles and fundies and see what exciting things are out there.

I hold a range of stocks, over the markets, but will keep this blog to being just musings on AIM listed stocks, as these are the "high risk" end of the markets, where big gains can be made, and big losses also can be incurred.

As a first post here, I should note that all my opinions and musings are simply that, which is "my opinion"......and no doubt will be wrong at times, as well as right, as is the lie of the land.

So what have I been up to this weekend, well, not a busting lot, just a quick look around the various bulletin boards (BB) as time permits.

Another AIM stock jumped into freefall last week (being SMC Group LSE:SMC - I did not hold) and sadly this highlights the perils of the markets. SMC was a highly tipped stock, by a lot of "leading" tip publications and goes to show that in this game even those who charge considerable sums of money for their "research and recommendations" can be proven wrong and humbled by markets (and incompetance of certain individuals).

I made an opportune buy of a few more Global Oceanic Carriers LSE:GOC last week, it was opportune as the price fell during the same period of time as SMC fell (perhaps some relation on margin holders). On a 12 month view there is a good chance, all being well, that LSE:GOC will undergo a rerating and be up nearer the 200p mark as opposed to nearer the 100p level presently. This buy was countered by the sale of a few West China Cement LSE:WCC, which has now risen past the 200p level, so nearly a one bagger for me (a one bagger being a 100% gain). I still hold more LSE:WCC, however, locking in some profits never does anyone any harm, and in my view LSE:WCC is one of the best Chinese stocks on the AIM market presently.