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Replies to post #10 on AIM UK

Replies to #10 on AIM UK

ls7550

02/22/08 6:31 AM

#11 RE: ls7550 #10

After returning home mid-morning today I see that LLOY had breached 4.65 but has since fallen back to 4.55.

According to my Newport style AIM calculator
http://www.jfholdings.pwp.blueyonder.co.uk/aim_gtc.htm
the next sell is at 4.62. I didn't however have a GTC in place as my intent had been to hold the stock for its 9.5% forward yield. In view of the short term gain in LLOY however I've decided to go fishing and have placed a limit order to sell at 4.65.

These LLOY holdings are £7000 worth of this years ISA allowance, so I'm using a LD-AIM style here and looking to sell out all of the 1764 stock purchased on 15th Feb (bought at 3.95 so a potential 17.7% gain in one week in a tax-free account).