Your Top share for 2011

thewinkshow

But you can win more money on aim

Max petroleum will be this years xel IMO

thriftychap_2

Think its probably best we all let people make up their own decision on the AIM. Im not risk adverse so have had a dabble on Ithaca.

Its also quite a lot of fun!!

AndyGuil

Here are a couple of useful links to some promising companies.
http://www.stockopedia.co.uk/content/investing-in-2011-10-economic-predictions-for-the-year-ahead-52303/
http://www.stockopedia.co.uk/content/small-is-beautiful-small-caps-dominate-the-annual-top-100-uk-stock-market-performance-awards-51863/

CashStrappedTeen89

thewinkshow wrote: »

But you can win more money on aim

Max petroleum will be this years xel IMO

They have a lot of debt to asetts though, its what put me off, if they come up with a duster god forbid 2 then i see the company in real trouble.

ChrisEvanson

Debt is one of the things many people don't check when investing in AIM companies. There have been examples in the past of hype over a small firm, everyone piling in, the price going up then suddenly shares suspended and the firm goes belly up. As always the old mantra 'do your own research' and checking debt is one of the biggies.

thriftychap_2

Quick update on my recommendations -

Ithaca - IAE.L

Price when recommended 174p
Price as of close today 190p
up 9.2%

My second was Barclays - BARC

Price when recommended - 279p
Price now - 306p
up 9.67%

Please post the progress of your recommendation - even if its down!!!;)

OH!!!! and ITHACA is AIM!!!!!! ahhhhhhhhh!

thriftychap_2

Correction - i purchased BARC at 279 but the date of my post was 13/01/11 and the price was 304p so increase is 0.66%.

Best to be fair!

fullstop

AZEM , bought in at 256 in November, bit of a gamble for 2011., so far so good.

Jonbvn

OK,

My stock for 2011 is CRND.

Currently up about 70% since I bought it recently. Massive volatility - naturally I didn't bet the farm on it

IronWolf

ChrisEvanson wrote: »

However as for never selling at a loss, that is naive. You should set a stop loss point and get out, either reinvesting elsewhere or buying back in when it starts to head back up. If you read The Naked Trader, one of the main tips is to accept a loss sometimes.

I agree AIM has lots of potential for gain but you need to do a little more research most of the time

I would agreed that sometimes you should accept a loss, but I would never use a stop loss. If anything, when a companies price tanks (unless something disastrous has happened) I buy MORE and average down. Theres no point trying to get out and back in, the markets hard to predict and you could end up with a lost opportunity, I just decide whether I want to buy at whatever price the market quotes that day.