Private Investor calls: Dumping commodities, embracing Cable & Wireless, National Grid, Pace & Vodafone?

In a previous article, I looked at the top ten buys and sells by private investors, as reported by TD Waterhouse. I discovered that investors made good calls on both their buys and sells. Encouraged by the first set of results, I decided to repeat the experiment. I have changed my methodology slightly. This time, I am looking at 4 weeks worth of data (the weeks of 31-May, 07-Jun, 14-Jun, 21-Jun) from TD Waterhouse. The same principle applies: I look at the top 10 buys and sells, and eliminate shares appearing as both buys and sells.

Here are my results:

Buys:

• Cable & Wireless (LON:CWC) - 40.62p
• National Grid (LON:NG.) - 614.32p
• Pace Micro Technology (LON:PIC) - 107p
• Vodafone (LON:VOD) - Vodafone - 164.26p

Sells:

• Antofagasta (LON:ANTO) - 1408.18p
• Encore Oil (LON:EO.) 63.50p
• Solo Oil (LON:SOLO) - 1.40p

I am happier with the way the list has turned out this time, as it shows some more consistent themes, rather than a lot of to-ing and fro-ing within the same sector. Commodities are out the window, and investors have opted for techie and/or safety. Will investors be proved right in dumping their junior oilies? Will Pace finally sort their supply issues out and resume growth, or was that delay in a customer contract an ominous sign of things to come? I'll let you know in 6 months time.

In the meantime, happy and prosperous investing.