Quiet day but again I think it's the calm before the storm with SL Grid to come down in a few hours. Volumes in the regulars and a few brief announcements saw the following movements: (AMI6%), (BPV6%), (MFM50%), (PNK-83%)
- Action Mortgage and Investment (AMI) Adonis Action announced today that a shareholder group has been created and a meeting will take place this week to discuss company matters. Investors took on around 8k in shares for the day pushing to price up to $L0.17
- Black Pearl Ventures (BPV) released the financial statement for September with some promising results and a comfortable cash-flow, pushing the price up to $L0.90 before some profit taking pulled it back down on small volumes to finish at $L0.63
- Midas Fund Management (MFM) Xiang Miles (9.33%) continued the buying spree today as MFM surged to $L0.09
- AtomicPink (PNK) Suffered the major shareholder curse today as Paci Barbarossa's position declined to 2.25%, sending the share price to an astonishing low of $L0.02 before some savvy investors charged in for the bargains with BUY now sitting above $L0.08 without a bite
- (PNK) of course, a solid company and anything under $L0.25 is a steal
- (MFM) beware, without any confirmed company details from Midas Commons in some time and the WSE review in progress, I am not liking anything resembling "shady" at the moment. A BUY under $L0.05, but don't follow the major shareholders just yet
- (THI) I recommended this yesterday I know, but where there's a bargain...
Catchya,
SW
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