August 2008

£209.88 Profit

[01/08/08 – 31/08/08]

Comments


A positive start to the month was led by a £300 profit within the first week.

Complications with finances in the 3rd week meant having to pull £1,000 out of ENRC stocks which were at a loss at the time. This and overpaying one shareholder as a result of this led to a £250 loss of profits.

Shortly after the loss the ENRC stocks made a profit as predicted. Unfortunately as a large portion of the stocks were cashed this meant a large loss and smaller room for profit due to a smaller amount of stocks being held at the time in which they did (and were predicted to) go up.

Predictions

Predictions for the next month are higher. At one point in the month profits exceeded £600. Unfortunately poor performance and unforseen circumstances in the last fortnight made for a large amount of loss.


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