Monday, October 22, 2007

time to go to work

There is so much going on at the moment that my head is spinning...let's get into the days play:
(AMI-5%), (FDE72%), (HCL-12%), (LEM44%), (THI2%)

  • Action Mortgage & Investment (AMI) after solid growth and major shareholders increasing their positions, some top line profits were realised sending the price slightly back to $L0.20
  • Four Deuces Entertainment (FDE) after some positive company info and the imminent launch of a new product line, shares traded way up over the weekend with todays close of $L0.62
  • Hope Capital Limited (HCL) with the chatter around the WTF getting louder and causing some jitters, investors leaned slightly away from the bellwether leaving it at last weeks close of $L0.72
  • Lemur Investment (LEM) not a strong position as volumes at this price are in the units, still rose a little from last week. I put the "actual" price at $L1.24
  • Tao Heavy Industries (THI) with investors obviously sleeping when this went off, only waking up now to smell the beans. Great volumes over the weekend with 2 big jumps ending today with a not-quite-there, but healthy $L0.59

Recommendations - There is still a lull after recent upsets, with plenty of the smaller stocks yet to catch up
  • (HCL) with a slight down from last weeks highs, this is still a great buy under $L0.70
  • (LEM) this is not a peak, as someone is tampering with the price, but a well-backed long buy at anything under $L1.50
  • (MAI) a bargain buy at $0.60, a slow month that will pick up for this advertising guru
'til tomorrow,
SW

0 comments: