Tuesday, September 25, 2007

feelin hot hot hot

Busy day with the last of the IPO companies successfully listing on the "Official List". The market ended up after overnight trading with rallies on two of the recent falls (AMS115%), (BMC67%), a strong player hitting record highs at volume (HOT36%) and a new comer also hitting highs (BEX33%).There were also some big falls early with troubled (VGI-95%) bottoming out again and market dominant (HCL-56%) being sold off cheaply.

  • Blumont Capital (BMC) ran strong earlier on in the day at $L0.46 which triggered some profit taking, sending the price back to a steady $L0.30
  • Hope Capital Ltd (HCL) was trading frantically throughout the day with an all-time low of $L0.27 and some happy campers snapping up the bargain. The rally slowed up as the price lept back to $L0.55
Recommendations - Easy to see from our reports that these stocks come with a BUY recommendation:
  • (HCL) @ anything under $L0.50
  • (VGI) @ anything under $L0.06


But having said that, we also predict a few falls for the next few days

  • Ginko Perpetual Bonds (GPB) should tighten up again down at $L0.06 and may even hit the month low of $L0.04 by the end of the week.
So, a big day for all, see you tomorrow!
SW

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