Bought – Utilitywise UTW

What? Again? I hear you I hear you but thought they were a bit oversold this morning when their results came out saying in line with expectations so I got in at around £2 – I will add it to my trade table shortly

By the end of the day I see that one of the Directors has bought too so good that I am not the only one thinking this is a good entry price!

At one stage I was at 11% profit today but I will wait a while because it should have more to go in the near term.

I sold out of UTW not that long ago at around 225p from memory... so you see here that you can always get back in again if the price is right.  
So don't be afraid to sell when you stop loss is hit and passed you can always buy back at a better price if the company is sound.

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Investor John

Investing as a Private investor John has shown success over the last 15 years with a straight forward common sense approach to investing - He can help you to learn and will gladly share his knowledge to get you started.

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