Up up and away!!

Investors are putting their collective heads down and their cheque book buts up sending the market to fresh 2 month highs.
(A quick sneak of our bellwether index – up 358 points to 1684!! …more on this shortly)

Helped on in part by a crazy 1 stock sell of (LWI) at $L9.50!! But we will discount this for today’s findings:
The big movers and shakers – (ALC52%), (GAL6%), (HCL13%) and (THI-2%)

• Atlantis Land Corporation (ALC) having decent volumes in an upward direction. With the spread closing from over 75% to 6%, definitely something to keep an eye on. (ALC) finished up at $L0.93
• Games Ltd (GAL) continued its growth spell with 20k of shares changing hands giving the once promising company the investor view it still deserves, closing at $l.00, a 2 month high
• Hope Capital Limited (HCL) rallied on yesterdays late profit takers to finish up at $L0.81
• Tao Heavy Industries (THI) another profit taking session, can we be so bold as to say it was because of our report last nite? :O Closed down at $L0.58

Recommendation – As the market finds its new stable point, there seems to be a few bulls loose so I would definitely take a hold position with some strong players and try and get in quick on the sleeping giants. (I can’t believe I have missed the boat on GAL! tut tut!!)

• (HOT) another bellwether, a small slip, an expensive steal at $L3.00. This is an accumulator for a solid portfolio!
• (LEM) Not sure what is going on with Casper’s strong equities, but this is a bargain in my books at $L0.86. I put my own report in on LEM – strong buy > target $L1.40
• (SIM) slipped as the forum-like arguments flair up over an analysts report. This will die down and investors are seemingly panicking over a simple bitch-fight. Good buy under $L0.70
• (SLW) a solid newcomer with excellent dividends, great communications, direct income for large shareholders and extremely promising expansion plans. Currently under HALT for Secondary, so head to the IPO section and take your position at the original IPO price of $L1.00

TORRO!

SW