Profits taken on Superdry and Nvidia

Superdry published results a few days ago. The item that stood out was that the turnaround/reorganisation will take about two years. Also noticed a few unfavourable comments about the former CEO (now taking the job at Saga) relating to his management style. The shares popped up on the Election result so took profits @ 510p. The cost back in May was 452.76p.

Nvidia has recently made intra day lows of >200 in late November and again in early December. Clearly the shorts have not got it right yet apart from a few potential scalping trades. As I am uncertain about the future trajectory – 225 seems like resistance – and I would prefer to be holding more cash right now, I decided to sell my entire position and received 223.33. The cost of 80% of the combined holding was 166.49 from November 2018, and the remaining 20% was added at 141.19 end May 2019. Not at all bad for my first chipmaker investment, but may have a few losses to cover if markets peak soon then weaken on something unexpected.

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