It's a brave new world

I don't know exactly what I mean by the title, could be something to do with a general positive, warm-fuzzy feeling. The market saw some MASSIVE volumes today including an enormous 3rd party buy of 0.5M in 1 hit...(bet you can't guess)
Movements today included (MDC18%), (MPM-25%), (LGO25%), (GPB17%), (HCL5%)

• Midas Development Company (MDC) Troubled Midas Commons' flagship on the WSE (there is also MGB MFM and MPM) suffered with a few low trades of mid $L1.50's to finish with a strong 10k swap out at $L2.01, pushing the price up 18%. Closing on a high at $L2.04.
  
• Midas Property & Mortgage (MPM) Also suffered today from a massive dump whilst sitting on a high of $L0.04. Closed on a low $L0.03.
  
• Logo Coding (LGO) after a slip last week went unnoticed and sluggishness this week, modest volumes pushed the price back to well above $L0.55
  
• Ginko Perpetual Bonds (GPB) after a massive dump yesterday crashing to a low $L0.06, this heavily traded stock saw rallies today taking it to a high of $L0.08 before some profit taking leaving it with a close of mid $L0.07. My predictions (luckily) of a further fall were short-lived.
  
• Hope Capital Ltd (HCL) I wasn't going to mention...bah, a third party today followed Erik and Caspers lead and hoarded in almost 0.5M shares in the most visible stock on the market. Not surprisingly the price has solidified at a 2 week high and doesn't show any signs of slowing.
  

Recommendations - A good day to start your portfolio, and also a good day to clean out some dead wood:

• (GPB) If you can get in at a low $L0.07 or even some $L0.06's, there is still some room for a quick-buck (did I just say that? naughty)
• (HCL) if you can beat the major shareholders to the punch, get in @ $L0.50 or less!!
• (MDC) Sell. With Midas Bank in trouble and Midas Commons not releasing a single annoucement for any of his equities to the WSE in last month, it does not look promising...but at this surprising high and a major shareholder bailing on some high volumes late, could be a good time to follow the lead.
  

See you soon,

SW