Take that!

A subtle change, that we hope is part of the next phase of WSE4.0, was noticed today. If you go into the trading screen of a company, you will now notice that the prices listed in the limit order are no longer listed with 6 decimal places for $L. It is now only linden dollars and linden cents. Maybe Luke has been reading this site, as Logansan Oh published some frustrations earlier today regarding pricing and traders...

(EDIT) Just logged in to check a listing...and it appears the decimal places have been re-instated. We will query the WSE and get back to you ASAP.

Onto stocks now, there were movements in the following (AMI1%), (BMC-33%), (SLM-23%), (TMA-41%)

• Action Mortgage & Investment (AMI)'s Adonis Action released more information about his company and immediately triggered a price drop to well below $L0.15 and rally back to its median price over $L0.20
• Blumont Capital (BMC) had some heavy trading over night as it bottomed out at $L0.09. It quickly rallied to double that in some strong bidding wars to $L0.18
• Second Life Marketing (SLM)'s Jon Desmoulins' company announcement with very little info today obviously had investors lacking confidence as the share price lost almost a quarter of its value with a high trade of $L0.70 early in the day and a $L0.56 later on to leave the price well down for the day. The financial statement did show a significant increase in revenue and earnings
• Trouble Maker Approved (TMA) A solid company and one of the Indexed listings (more on this real soon!) and although the drop was sparked by a minimal trade (47 shares) a bidding war has begun on all prices from the low $L1.51 to $L1.54. I doubt any we will see many short stands on this.

Recommendations - Keep checking those volumes and we should now see better pricing standards...
I hope some of you capitalised on my recommendations of (MFM) and (LOT) over the weekend.

• (MFM) is still trading in volumes and
• (LOT) saw a 320% increase on Friday suggestions of a BUY!
• (SLM) looks a steal @ under $L0.54
• (TMA) will also have you feeling a pinch of guilt if you can round it up for under $L1.60

Shameless plug for us...we know there was some healthy profits realised today on our advice. (AMS) hit a low $L0.11 and has topped out today at $L0.28, good volumes too. Not bad for a days work!

See you tomorrow!
SW