Traders

A busy day for traders but a quiet day in all for the market.
Volumes were uncharacteristically low, even Ginko Perpetual Bonds, trading at $L0.09 moved only moderate levels...it's lowest since September 9.
Stocks of note moving in volume were (CIG-45%) and (KJL73%)

• Cooperative Investment Group (CIG) a consultancy for investors and SL retailers had an early fall with a few traders jumping on the low price from a small volume the day before of $L0.426, but failed to land a bite with bids pushing slowly, but steadily up over $L0.50 later in the day
• Kejo Merlin Land Group (KJL) a strong stock based on well backed SL land and development, has been trading heavily recently and with a large spread (0.6 on a $L1.59 ask) I don't think volatility will rock the price.

Recommendations - Not a lot to report with very little announcements released for the day:

• Try and snap up some (SKY) @ < $L0.30.
• Steer clear of (LDI), I fear a trade halt or worse, a delisting in the wings...rules are rules!

Till tomorrow,

SW