MOO! - ‘..strap yourselves in boys..’

I can’t wait for the new Starcraft…sorry, where was I? Oh yeah, a MASSIVE day with over 2M trades! I’m so excited I am releasing this a little prematurely.
First off, Hope Capital Limited had some fresh new capital injected as CEO LukeConnell Vanderverre increased his position from 19.96% to 21.12%, sending the share price back up to a very respectable level. Logansan Oh spoke extensively with LukeConnell at the World Stock Exchange earlier and I will be reporting on some of the findings. A trading halt on struggling Mythlands will have day traders fuming.
A swag of delistings over night also! So let’s take a look at the following: (AMI29%) (KJL49%), (HCL2%), (LHH-25%), (RIS21%), (RLX875%!!!)

• Action Mortgage & Investment (AMI) causing quite a stir with new strength. Almost 0.5M trades in the 24hrs saw highs of $L0.49 and lows of $L0.25, finishing up at $L0.26. Other big news here is Wse Traders Fund is now listed as a major shareholder of (AMI) with a 20.11% stake…
• Kejo Merlin Land Group (KJL) found support around $L1.10-$L1.13 throughout the day to finish up on $L1.40 with a measly 8 trade
• Real Life Investment Fund (RLX) saw a return to power today as LukeConnell Vanderverre bought 200k shares for a 20% stake in the company. The news from (RLX) was not fantastic yesterday, but this cash injection sent the share price back to a reasonable $L0.50 until another major shareholder dropped 200 shares at $L0.389
• Hope Capital Limited (HCL) With the CEO buying back a large quantity of shares, the price peaked at $L1.65 before some pretty hefty profits were taken. At the close of the day the price evened out to the previous close of $L0.80, but sitting on the lower end of the spread, I see this heading back up in overnight trades
• Lemur High Score HCL (LHH) a derivative from the Lemur House of Derivatives, bolstered by news that the barrier for HCL was almost hit has major shareholders that understand the implications increasing their positions. The price fell on day trades to end at $L0.85
• SL Risk (RIS) suffered early as major shareholder Travis Ristow continued the sell off. Finishing up after yesterdays slight slip to close at $L0.40 on a small volume. I rate the actual price closer to $L0.20

Logansan Oh, our CEO and Chairman spoke with LukeConnell earlier about the share buys of HCL, who stated that there was no need for an announcement to cause any sell off and he was happy to be “cleaning out” the WSE clutter. Our predictions of brighter days for the WSE seem to be coming to fruition.

Recommendations – I am feeling extremely fresh today and predict some profit taking around the spreads on a few of the gainers, but this shouldn’t last long. I wouldn’t rush in on everyone at the moment, as there are still some stocks that are ringing alarm bells.

• (HCL) BUY to HOLD what can I say other than ‘I told you so!’ A good time to get in and start accumulating @ $L0.80 before they become too expensive
• (RIS) I’m not saying to bet the sheep station on this one, as a major shareholder selling off is never a good sign, but a promising business model and service should see this company mature. The open Bids only have 400 shares before the next price of $L0.10. Good time to buy cheaply.

The cold-hard-hand of the WSE (namely Luke) has been swift to clean out non-compliant companies this month and I don’t think the “Spring Cleaning” is quite finished yet.
We have seen the trade halt on (DTR) and as of today delisted along with (LDI), (DON), (GBU).
(MYT) being halted in the last few days and these seem to be based on the ‘no announcement’ rule. So here are a few more we have uncovered:

• (KCG) SELL No announcement since 28^th July. Nicholas Portocarrero listed on board doesn’t instil strength either.
• (LOT) SELL No announcement since the 28^th July gambling ban impact notice. DANGER!

So make sure you are following companies that are following the rules, otherwise you might end up contributing too much to the (WTF)!

TORRO! TORRO!!
See you tomorroooow!
SW