Tuesday, October 30, 2007

WTF Live!

Yes, the biggest news of the day..nay, the MONTH, is WSE Traders Fund has been released to the market...and as expected, another run-for-the-hills session.
The WTF opened trade today with an unknown amount of shares at $L8.10! But soon saw the price crash like a GPB on open day (sorry..I need cheering up :( bad day) and ended up waddling down with the day-traders at $L0.03. Elsewhere today, there was plenty going on as the last of the halted companies were delisted bringing the total for the week now to 12!! The remaining stocks were helped along as traders moved their open orders from the removed companies in search of more of their 'skim' profits. (Yes, I know, we need them...)
Movers today were (LOT367%!!), (MGF67%), (SRI-36%), (TGB25%), (THI-26%) and of course (WTF-91%)!

  • Lotto Networks Unlimited (LOT) gained ground today with a third party buy-in sending the price well up over recent highs. (LOT) found new ground last week when major shareholders were all increasing their positions. The stock closed up today at $L0.14
  • Midas Group Financials (MGF) also gained as major shareholder Warren Tomsen (10.35%) went on a buying spree. Finishing up at $L0.05
  • Spontaneous Rich Investments (SRI) after coming off Secondary with a disappointing start ending the day down again at $L0.16
  • Tao Group Bonds (TGB) saw a dramatic increase in attention sending the stock up to highs of $L153.98, slipping back to steady on $L124.98
  • Tao Heavy Industries (THI) with CEO announcements galore at the moment (big launch poised!) investors are still trying to find the right position with this promising company, closing down a little at $L0.45
  • WSE Traders Fund (WTF) not quite liquidated to a Ginko position, but the traders are pushing it there. As the major shareholders begin to return to the floor, I expect to see this stock go nuts! Stooping as low at $L0.02 and currently rushing around the $L0.05 - $L0.10 range
Recommendations - I will let you know now...now, now is the time to buy! Stop by Hope Capital and have a chat to LukeConnell. He has some very juicy news...(it's a secret, so I can't tell. - oh, and Logansan wouldn't tell me, so I actually don't know either!!) As investors return over the coming hours, expect to see positions taken up in many companies.
  • (LWI) suffered massively today down 95% on some weird trade numbers. But at $L0.21, I would check out the index page, as it's by far one of the strongest
  • (THI) I harp on about this all the time, but check out their recent news and decide yourself if $L0.50 is a bargain (psst. it is!)
  • (WTF) what can I say, there is promise of dividends from LukeConnell, it's trading heavier than Ginko in it's death throws, why not jump in at $L0.10 and sit for while? My early predictions for this is $L0.15-$L0.20 until the dividends, if not more if the potential investment worth stated is realised.
That's all for now folks,
SW

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