Tuesday, October 30, 2007

Balancing act; When and when not to say when

I called it a day a few hours ago, but some late changes caused me to rethink my report.
The market indices's fell slightly again today, as the recent drivers of this advance all receded. (WTF) volumes were rampart again as expected and the spread shrank as day traders took the reins closing the efficiency gap. Focus still seems to be on the major penny-traders but some new investor interest in other areas is pushing the price freezes on some almost forgotten stocks.
Todays watched included (DDE-14%), (PPL17%), (SUN-30%), and (WTF-22%)

  • Delicious Demar Enterprises (DDE) lost precious ground after a small slip yesterday went virtually unnoticed. News from CEO of a possible secondary and expansion is obviously causing the cold feet. Could be some pre-change market manipulation at play, it closed down at monthly lows of $L2.61
  • Peoplepool (PPL) rallied on recent losses to close up at $L0.35, still lagging the entry of >$L0.50
  • Sun Media Consultants Split (SUN) continued it's slide after the stock consolidation and company restructure, settling back at $L2.45
  • WSE Traders Fund (WTF) quickly turning out to be the new "day-traders-fund", languished around the $L0.03 mark before struggling back up to close at the lower end of $L0.07
Recommendations - I am still yet to speak with most of the CEO's in some of the quieter stocks, so recommendations are based on market performance and our statistical analysis of current and historical data. Thus far our suggestions have weathered most of the damage over the passed few months and still garnered over 24% ROI! (more on this later) So, while it is up to the individual investor to make the decision to purchase, you can look to us for guidance.
  • (DDE) one of the bellwethers sitting vicariously on $L2.61...guarantee it won't sit there for long!
  • (LLL) suffering a late run slip back to $L1.50. This is a stop-hold at $L2.00, even in the face of LL land market fluctuations
  • (TGB) Won't last slipping back on $L100.00. Remember, high hopes and imminent dividends (bond interest for this one)
Happy happy trade trade,
SW

2 comments:

sevenseals said...

I guess that DDE will not offer the secondary at 3L$ because she will not fill the whole secondary these bad times at WSE. I guess she will correct the offer price at 2.75L$ or 2.50L$. Furthermore I see an additional risk at the real estate market. Think on the problems that KJL have with his customers!

Logansan Oh said...

Hi Sevenseals, thanks for the comment. If you take a look at the recent activity, the low of $L2.61 was actually with a relatively minor trade. Today DDE has found support in the $L2.90 range. Historically, it has been falling to around this point and investors are snapping them up.

The real estate market is as volatile as all others within SL. I have seen comments in the last 24 hours regarding the sell off of 93% of CSI:NY sims due to lack of interest. Will they be flooded to the market...only LL knows.

We keep these things in mind and I urge potential investors to look at the bigger picture and don't trust everything you read!

Thanks again for commenting,
Logansan Oh
- CEO, Chairman