Where are you!?

Sorry for the lack of reporting and news lately, we are still here, just busy with RL stuff. (I am changing organisations, SW is away working through strategies - fun, and VS has a RL IPO in the works) So analysis is limited to the simple charting I can gather from our tools and the freely available market information and reporting sites.

I promise to improve over the coming week (having said that, we will all be away over the weekend!!) and I have some interesting developments in the works that could pop up by the end of next week, stay tuned!

It was a pretty decent week earlier on, but has petered off in the last 2 days. Biggest news for the week is (THI) and (TGB) delistings (and conversion to WTF...) and placed into default by The Rock Insurance. There was also a halt on Rezzations (REZ), which looks to be a result of the monthly company check from WSE.
From the CEO's this week:

• Adonis Action announced a share buy-back, which has sent the stock (AMI), already surging, to new recent highs, currently trading at $L0.58, up 16% from yesterday!
• Hope Capital Ltd (HCL) dropped back this week below the $L1 mark, but has seen investment from major shareholders bringing the current trade to $L1.04
• Jon Desmoulins announced some big news for (SLM) and investors returned seeing a surge to $L0.59 today, up 26% from yesterday and strong volumes > 8k
• Tyrian Camillo told the market of unexpected growth and this weeks volumes and price have followed the trend with 13% realised today sitting on $L0.77
• MH Motors (CAR) released it's report with some good numbers, maybe not what everyone was expecting though as the share price dropped today back to a low of $1.54 before resting on a modest $L1.96. (Me thinks 'you can't please everybody Rockwell')

I have some recommendations, but please take them with direction and not promise:

• (DDE) - bellwether, low SPO price, solid performance history, solid dividends. I'm scared of how the release to the market will go if there are peddlers hoping for a quick pump before they drop them...
• (SLW) Outperformed in my eyes. Strong on everything, quickly becoming one of my favourites for longevity.
• (HCL) Long. But not a bad trade if you want to flip around the $L1.10 mark

Have a great weekend all!
Sincerely,
Logansan Oh
- CEO, Chairman

Market wrap - from outta space!

Not really, but Splinkrot Writer is away again and it's up to me to do the report.
Not a very happening kind of weekend as volumes were particularly low and not a lot was announced. WSE began and today finalised their "monthly check" of companies with no new HALT announced, looks like smooth sailing.
Today saw some improvement over the weekend trades with several stocks seeing movement and the market as a whole was up.

• (HCL) traded heavily today as it dipped below the $L1 mark, finishing on $L1.04, down 14%
  
• (SIM) again dropped over the weekend but rallied today to close on $L0.94, up 32%
  
• (SKY) with healthy numbers on the books, still climbing at $L0.59, gaining a hearty 48%!
  
• (CAR) has just continued in leaps and bounds, more than doubling it's IPO price finishing today on $L2.24 up 21%
  

SW will return on Friday.
Until later,
Logansan Oh
- CEO, Chairman

Happy Thanksgiving!

Hi all, I sincerely hope you all ate, drank and put on the merry's! (that's not really a word)
Solid trading even with the holiday, though I expect it may slow a little in the coming hours. Wall St was closed today..but at least we don't believe in holidays in global land ;)
The market was actually up today after a sombre week of losses, helped on by some weaker than hoped leads on quiet stocks: (AMI54%), (AMS-70%), (BMC24%), (HOT11%), (LGO22%), (RDX-34%), (SNE-13%)

• Action Mortgage and Investment (AMI) surged again today (I hope someone took my advice!!) with a strengthened position up at $L0.43
  
• AM Sportsbets (AMS) had a shocker today with an unknown investor(s) dropping over 30k of shares down at $L0.06
  
• Blumont Capital (BMC) on the other hand had a crazy day and came out on top with a boost to $L0.42
  
• Kush Islands (HOT) stronger again today up at $L2.49
  
• Logo Coding (LGO) also up with better than average volumes taking the price to $L0.61
  
• Redux Technologies (RDX) one of Sportsbets fav's ;) saw a hefty drop today after some steady recent inclines. Back under the elusive 1$L mark at $L0.80
• SL Marketing (SLM) rallied again proving itself a little more resilient finishing up at $L0.57
  
• Sarah Nerd Land Holdings (SNE) continued it's way down, much more so today with 40k dropping in quick succession right down at $L0.50. The culprit - Tyrian Camillo, major shareholder falling off. The stock is currently sitting vicariously on $L0.60...

Recommendations - Not sure what to say except there are plenty of bargains around and we could be seeing the bulls fire up again!

• (PFW) Can't fault this company, with honest forecasts from the CEO and solid performance thus far. BUY @ $L0.50
• (SIM) anyone interested in a promising company...major shareholder moving on...stock going cheap!! BUY and HOLD at $L0.68. Your profit will start in the $L0.80-$L0.85 and above range
  
• (AMS) really no idea what is happening here, but not much profit in the last months report really makes this company seem very small. Maybe it was a panic sell? Other investors are obviously interested as the BUY rallied from $L0.01 to a solid position now at $L0.12
  
• (SNE) might be one to keep your eye on. I'm not ready to speculate either way...
  

Have a great weekend...let's hope it's a quieter one than the last few...as we are all away again!
SW

I'm a survivor! (sings)

Volumes returned again today (welcome back people!) and there were a few heads on the chopping block right from the get-go. The market was slightly down lead by some dreadful single stock moves (at least it was stronger than the DOW today!!): (AMI-30%), (ETC-42%), (HOT-10%), (SLM-24%), (SSP100%) and (GFP-54%)

• Action Mortgage and Investment (AMI) went through a shrinking cycle today with market traders dropping out and major shareholder Stryker Yoshikawa continuing to increase position (15.73%) Down to $L0.28
• Etopia Island Company (ETC) has a deep rift between the buy and sell and this is causing some bouncing, even with small volumes at each end. Anyone for tennis? (Just a friendly 'game'?) Down to $L0.66..no wait up at $L1.13..no wait, down...
  
• Kush Islands Group (HOT) falling heavily today as CEO Rockwell Ginsberg dropped 10k onto the market at $L2.25. No announcement...???
• SL Marketing (SLM) gets it's third mention in a row with a strong veer to the ground today dropping again as the yo-yo's string suddenly got longer...down to $L0.44
• Second Street Partners (SSP) not one we follow closely but the volumes have been steadily increasing and fluctuations today were massive! Closing up at $L0.18
• Gely Fapp Productions (GFP) suffering some teething problems with what looks like the rogue shares hitting the market the other day remaining a thorn in the side for the overall price. Still above IPO, so let's hope it stays over $L0.55
  

Recommendations - A little more to go by today but unfortunately I haven't had much time to go in-world to check up on a few people...so here is the state of play from the numbers:

• (AMI) might continue to fall, but there is room to move up @ < $L0.25
  
• (HOT) already a little late, but try and beat the traders to the punch @ < $L2.25...but I would be asking the CEO a question before I clicked 'confirm'
  
• (GFP) Geyl is an active member of the SL Economic community popping up in a lot of the banking and finance reporting forums and websites with focused opinions. Why do I say this? Character building. (it's important, write that one down) I suggest at the very minimum a HOLD at this price, I see no reason for any SELLS at this stage. As this company grows, expect to see the price follow
  

MWAH!
SW

Final throws for Chao Mu?

Well, it seems like the last of the nails are being head-butted into the Tao Group's coffins as WSE announced earlier that it was now undergoing a decision making process to assess what to do with the situation. Not sounding good for shareholders, with WTF seeming like a closed shop as the cut-off time for delisted companies was 19th October and THI and TGB didn't have assets that could be liquidated or dispersed to bond or share holders.

I saw some comments made in forums around the place and I have spoken to a few people in-world in the last few weeks about what they thought of the situation...many, unfortunately, had come to the conclusion long ago that Chao was a dodgy character.
I am going to try and dig up all the info from the relative sources, but I would appreciate if anyone could help collaborate here by posting some links or divulging their stories. I will update accordingly. If anyone has any firm history using the "escrow" system, that he stated was going extremely well, I would appreciate this as I am unable to find 1 single shred of evidence!!

Simple facts so far:
Chao Mu was a regular with positive news announcements for his companies
September 4 - State of the Union address announcing plans (stock price began to recover)
October 21 - Announced a dividend for 1st November. This is yet to have been received
October 29 - Announced that everything was "almost complete" and there would be a dividend for both stocks in the coming weeks
November 15 - WSE halts both stocks stating a response is required
November 21 - WSE announces that the five-day response time is up

Sincerely,
Logansan Oh
- CEO, Chairman

(For the conspiracy boffins: Chao is listed as being from Austin Texas...didn't the IP resolve to Austin for the recent bank attacks? LOL!!!)

Is that a Linden in your pocket?

Slowest day this month and one of the slowest days I can remember. Flow on effect from the banking saga? Thanksgiving hangovers? Well, whatever it was, let's hope it doesn't last and let's take a looksy at what DID move today: (ETC71%), (HCL-8%), (SIM-14%), (SLM-34%), (PFW42% !) and (CAR13%)

• Etopia Island Company (ETC) saw Casper's sell trigger hit and found support in the market for the promising land development company. Up today to $L1.13
  
• Hope Capital Limited (HCL) suffered again today with over 40k shares dropped out between yesterdays close and today's at $L1.10. Casper again features, this time as the buyer.
• Sienkiewicz Investment Management (SIM) investors pulled the profits off the table from yesterday as the price fell back again, this time below Shaun's sell off cap to $L0.74
• SL Marketing (SLM) in the news again, yo-yo-ing like a few of the others, this time back down at $L0.55
• Parks Fireworks (PFW) has had it's head held under water today and it seems it's more than the EGO that will be damaged from this as the strongest position today was around 3k @ $L0.81-5 and the current offers are a measly $L0.05!! Single trades at a high of $L1.35 could be price fixing or desperate attempts to keep the price up?
• MH Motors (CAR) the new darling on the floor at the moment surged again with a $L0.26 gain to close at $L1.41. Go you good thing! (I don't own any CAR btw...tut tut, I know)
  

Recommendations - Again, not an easy one to call, but here we go:

• (DDE) I have been meaning to say something about this, another of the markets bellwethers, selling extremely well and outstripping WTF on trades today!
  
• (HCL) Bellwether, major (non-related) shareholder investment, low price...BUY!
• (SIM) with investor confidence (or just market traders) undermining the share price, there is a very good opportunity to take up a 'cheap' position in this company if you are willing to HOLD. Logansan Oh recently conducted a report which can be found here.
• (PFW) Why the drop? Garth? Why the drop? This is a very visible shuffling and cannot go unquestioned!!
  

Wake up Jeff!
SW

Everybody dance now!

Just when you thought it was safe to go back into the water...
Big news today around the banking and finance world today with major hacks draining funds and sending the media into a frenzy. (It's not usually my place to comment on these, but Logansan Oh is pre-occupied with RL, so this report also won't hit WSE till later.)
Coverage has been quite extensive around the place beginning with Lindsay Druart' s blog with one of the first announcements and with new kid on the media front (well, it's a new blog anyway) Dragon's Bite covering the other alleged strikes.
Lindsay, CEO of (LLL) on the World Stock Exchange also released a statement to alleviate pressure surrounding the connection of the two related companies. With (LLL) still in SPO at the WSE, it is uncertain if investors were actually respondent to the news.
In the markets, there were several noted movements on yesterdays turmoils with (AMI82%), (HOT2%), (PPL-29%), (SLM29%), (PFW-40%) and (GFP-99%!)

• Action Mortgage and Investment (AMI) broke away again with moderate volumes driving the stock up to highs of $L0.40
• Kush Islands (HOT) grew again with continued interest seeing the stock close up at $L2.64
  
• Peoplepool (PPL) lost it's profit angle again seeing another drop, it's third cycle in as many days falling back to a modest $L0.68
• SL Marketing (SLM) also rallied the weekends falls gaining $L0.19 with reasonable confidence in the upper levels of the spread sending the price to $L0.84
• Parks Fireworks (PFW) suffered it's first blow since the last announcement from CEO Allen Parks who expressed aggravation at the markets persistence at lowering the price, with major shareholders buying in, it doesn't appear to be panic stations @ $L0.95
• Geyl Fapp Productions (GFP) began the day on a more 'realistic' note, from the $L500 share sold late yesterday. Finding it's correct feet again, the price continued a strong run with early support at $L0.75, 1 strong buy-in at $L0.97 and again the sell price was exhausted leaving only 'significant' prices left up for grabs. Someone is making solid gains here!! Let's hope it's more than 1
  

Recommendations - With the market stability still settling and the big news today rattling the cage in the middle of the night, I'm not seeing any firm positions just yet. Having said that:

• (HOT) seems to have a lot of trade volumes around the spread leaving it open for a good position take. One of the strongest @ $L2.25
  
• (PPL) as stated before, lots of movement in and around the 30% mark, making it a prime target at the base of $L0.40
  
• (SIM) without the ability to short sell, there isn't a clear profit run, but I am seeing a quick fall on these at the current price of $L0.86. It's not a fortified fall as the price seems to be in the hands of 1 major shareholder, who from previous indications won't let them go for a song
• (PFW) Proving itself on the financial market landscape, 'honest' announcements from the CEO, the latest being a better than expected Financial Report for the month to 18th Nov. A bargain @ $L0.95
  

(look out traders...you've been sprung!)

So, here's to another sleepless night ahead...
SW

Poised..........uh. Is that it?

Well, looks like all the damage was done by the time I got in earlier as the days trade didn't really see any other craziness. There were a few exceptions with newcomer (GFP) changing tact not long after my report: (GFP199900%!!!!!), (HCL7%), (HCB%) and (SLM55%)

• Geyl Fapp Productions (GFP) saw major shareholder 7736237 Paine continue to increase the second highest position to 38.32%, with only 6% now in the trading markets hands, there isn't many for sale! The next open Sell is 1,000 @ $L20.00...obviously no investor wants to part with these little diamonds!!
• Hope Capital Limited (HCL) shrugged off much of the negativity to surge $L0.08 today to $L1.21
• Hope Capital Bonds (HCB) the topic on everyones lips, also managed some positive grounds with investors obviously siding with the bellwether (and taking Casper's weekend lead) pushing the bonds back up to $L93.90
• SL Marketing (SLM) regathered itself off the back of the weekend with many small trades combining into a great day for the stock. Averaging $L0.55, the stock topped out at $L0.65 but doesn't show any signs of stopping
  

Recommendations: Well, there are 2 schools of thought at the moment and it will come down to how much risk you are willing to take. The outstanding "non-conformists" (edit: this months 'black sheep') seem to have been let go and it's ripe pickings again...so are we long or short?

• (HCL) at the risk of being verbally punished by a flurry of anonymous nay-sayers, I will refrain from stating that the HCB's will be a good buy, but you can get the next big thing in the exchange for a LONG under $L1.20
  
• (AMI) also regathered after the weekends wishy-washy trade-fest, keep your eye on the $L0.20 gaps with this being the under-performing price
• (MAI) had a horrible weekend after being the victim of a horrific crash, I wouldn't be doing my job unless I told you that the latest announcement spoke of "negative" growth, but still a strong buy if this rattles the 'easily-rattled'. You will notice the major shareholders are swapping their stocks around, but not selling off; SPEC BUY @ $L0.66
  
• (SUN) Purely speculative, but keep your eye on the breaks here, as this stock has plummeted even after the up-split. There have been some fantastic gains and profit takes, but I cannot give you an entry price cos the sucker won't stay still for long enough!
  

That's all folks!
SW

BACK! ..and it's all been happening!!

My trip was amazing, thanks for asking. Good to see the folks and finally get the interstate meetings out of the way.
Down to business:
It's taken me a few days to get all the updates, so sorry for the lack of a report on Friday. I'm sure there are some items I'm not 100% across, but I will try and do a few extra articles over the coming days to get them all and get back on track.
So, let's start with the weekend:
Volumes are ballooning and it seems there are a few issues around the exchange with stocks crashing out for no see able reason. Case-in-point; (ALL) fell to $L0.03 late on Friday with (AMS) and (TMA) following suit on Saturday. One theory for these drops is sabotage; the volumes are too low to cause the stock to completely crash, but they do make the market indices look rattled and lower investor confidence. One thing for sure though, if there are people out there willing to drop shares on the floor for a pittance, the smart money is in picking them back up again!
Other movements of interest over the weekend were (ALL-15%), (AMI85%), (HOT44%), (LWI880%!), (MYT-40%), (PPL55%), (RDX41%), (SIM-15%), (TMA4900%!!), (MAI-8%), (CAR-19%) and (GFP-75%)

• Alluris Estates (ALL) came back with a vengeance to peak at $L2.46 from it's $L0.03 crash, but having suffered the most significant volumes (20k+) after a slide during the week, even $L2.00 looks too optimistic with only 23 shares traded since the low
  
• Action Mortgage and Investment (AMI) has slipped around all over the place over the last few days getting right down and dirty at $L0.20 before rallying back at $L0.37
  
• Kush Islands (HOT) fell back towards a week low with smaller trades getting it stripped back to $L1.80 before some solid investment at $L2.25 and currently $L2.60
  
• Lemur WSE Index (LWI) has been halted at the request of Casper Trebuchet (CEO) as it went through tremendous fluctuations slipping to $L1.51 topping out at $L79.99 before being halted at $L15.00. Casper explained last week he saw some suspicious transactions on the index, so, it is little wonder he ordered trading to cease.
• Mythlands (MYT) turned around last weeks rally to fall back into $L0.03 territory
• Peoplepool (PPL) after going ex-dividend suffered a plunge, first to $L0.70, then way down to $L0.44 before rallying most of the second fall to sit currently on $L0.68. Volumes remain relatively low
  
• Redux Technologies (RDX) was another hot-shoe-shuffler sliding to $L0.82, rallying $L1.13, back to $L0.80 and currently back up at $L1.13 again (maybe Sportsbets Writer is pushing them a little hard in the chat!?)
  
• Sienkiewicz Investment Management (SIM) found plenty of support as it lost some of the ground after positive news last week. Heavy investment at $L0.79 gave it enough strength to reach up to $L0.90 before resting again back to $L0.76 with a small trade
  
• Trouble Maker Approved (TMA) as stated above copped a belting with a crash price but volumes weren't high enough to cause concerns, sitting volatile on $L1.50
  
• Mainostaulu Network (MAI) has been trading pretty well, seeing volumes well up to over 40k as Fridays $L0.60 triggered a BUY for many investors, driving the price up to $L0.73 as profits were taken off the table pulling the high back down to $L0.66
  
• MH Motors (CAR) only just over a week old on the floor and seeing plenty of interest catching many investors with a promised and delivered $L0.10 per share dividend. Over 70k of shares has changed hands in the last day or so with prices steadily declining since the dividend payment. Starting the weekend around $L1.75, quick winners bailed out and it started the day today on $L1.10 with a small trade
  
• Geyl Fapp Productions (GFP) although steady since yesterday, there was plenty of action over the weekend. Strong confidence early in the weekend also saw 7736237 Paine(37.51%) racking up shares on 17th, single-handedly pushing the price well up over the IPO to $L0.99. Some profit taking this morning with 100 shares back at IPO price of $L0.25 (edit: Sorry, I spelt your name wrong Geyl!)
  

There were 2 delistings over the weekend, both of which were pretty well foreseen with (ACE) and (PMI) both not conforming to announcement and financial reporting rules.
The big news on the HALT front are Chao Mu's (TGB) and (THI) which, after much speculation of whether he would pull through with the promises, appear to have gone to the dogs, leaving investors hung out (including Logansan Oh) by their unmentionables!

More details to come later today and I'll fill you in on where the openings and possible dead-ends are!

L,
SW

** STOP THE PRESS ** WSE update on Midas!!

Well, here it is. I called it!
Supplemented with a letter from the CEO, Chairman, the announcement goes further into the details and should be the final nail in the coffin for the whole saga.
The details of the liquidation to WTFs is reiterated detailing the NTA increase due to the removal of the shares owned by Midas Commons.

One statement of particular interest, that rebuts many blog and forum entries I have read from the other side about the takeover allegations: "The WSE Traders Fund shareholders own former Midas assets not HCL or the WSE."

Open for more comments here, but looks pretty open and shut now.

Chat to you all soon,
Logansan Oh
- CEO, Chairman


ps. SW is back shortly...might even get a market overview out of her!! Fingers crossed

Aw momma, could this really be the end? (of Tao)

Well, I thought we were going to be in for a quiet day and the numbers started off that way but again the later part of the day determined the overall standing...Down.
Biggest news for the day just came through...and it's what we have all been dreading (no, the regulators haven't arrived to spoil the fun) THI and TGB are halted. What next...well, it's usually not pretty from here on in and with WTF cut off date passed almost a month, it doesn't look good for those holding shares. (This little black duck included!)

Elsewhere, volumes were back up and some strange price fixing moved into some unsuspecting stocks:

• (PFW) saw great investment Garth Fairchang(7.33%) buying up most of the outstanding sell orders including 64 at $L300!! The stock steadied at $L1.59
• (WTF) hit $L2.71 today with an investor grabbing small 1 stock buys with $WIC0.01
• (RLX) suffered a huge blow losing 41% to fall to $L0.20
  
• (HCL) possibly profit taking but most likely wobbling from all the noise around at the moment. I expect an announcement to clear the air shortly. Shrank to $L1.12 (buy buy buy as Sportsbets Writer says...)
  
• (BMC) lost the nice edges it had collected recently hitting $L0.21 with a hugh 43% fall
  
• (SRI) was another lackluster performer today hitting lows of $L0.20
  

So, the trials and tribulations continue as we head towards the perfect world. (well, the virtual one)

Ciao,
Logansan Oh
- CEO, Chairman

Crisis - Danger &|| Opportunity

Well, another day ending on a solemn note, but not much news to speak of. Waves are still being made from the Intlibber and Midas camps over the recent plays by WSE but it certainly doesn't seem to be worrying any investors. I'm not going to bother with the links to this as reading through the flames and anonymous comments is just a waste of time in my opinion.

It was the same trouble stocks causing the biggest drops with (SUN) falling 65% again (when will they stop!?), (LWI) jumping up 32% to $L2.00, which is a little closer to the NTA and (TGB) getting investments at $L40 before dropping back to the days open of $L30...still no news.

Other areas showing action were:

• (BMC) up at the end of the day a whopping 131% to $L0.37
• (LGO) up also to $L0.59
• (LHH) saw someone dropping these drops of gold at $L4 even up 23% again
• (PFW) dropped the surge numbers to finish back at IPO price of $L1 flat with day trades

Nothing much else going on, with (WTF) trailing in the $L0.04's.
SW is back in 2 days, doesn't really feel like she's going to have missed much!

See you tomorrow,
Logansan Oh
- CEO, Chairman

Back down we go!!

The roller coaster ride continued today as trouble stocks SUN and LWI moved indicators for the market well down, with solace coming towards the end of the day with a rally for SUN and some healthy moves elsewhere:

• (PFW) has a spectacular recovery from the lows of the weekend with CEO Allen Parks announcing his disdain for the low end traders and Garth Fairchang (6.42%) increasing his position with the company sending the price up to a whopping $L1.70
• (REZ) more than doubled yesterdays close to $L0.49
  
• (AMS) fell into buy territory losing 24% and hitting $L0.19
  
• (SNE) lost ground with a low of $L0.71
• (TGB) just keeps getting worse and worse, with no news from Chao Mu still keeping the losses coming with a fresh all-time low of $L30! Not happy!!
  

So, apart from the price fixers, there was some good areas of growth and some openings for buyers. Not a bad day all-round.

Sincerely,
Logansan Oh
- CEO, Chairman

Rant was called for; Anti Money Laundering?!

Splinkrot Writer is away on RL business so I will be taking over the daily reports. I will not get into recommendations as she does but I will try and point out areas of the market to watch.

Well, the weekend was slow but regathered from it's spectacular tumble on Friday. Lead down by LWI and SUN, these stocks re-emerged on top only to accusations of money laundering!

Casper Trebuchet, CEO of Lemur House of Derivatives, announced yesterday that he thought there was something fishy going on and WSE chimed in shortly after with a warning that trades would be closely monitored.

• LWI was down 60% early Friday and returned on Saturday with a 464% increase.
• SUN similarly suffered a 65% loss only to creep back 17% the next day and a whopping 392% the next
  

In other news TGB and THI are still in decline as it appears that the CEO has gone AWOL.

Yesterday saw a rally in many of the Friday stock lulls:

• DSE was up 22%, also on news from Delicious Demar that the skin merchant was re-vamping the brand (and "gettin nekked!")
• FDE surged 39% to $L0.53
  
• HCL gathered 4% only to see profit taking today ease it 9% back to $L1.20
• LLL entered secondary (finally!) sending the price up 22% from last weeks falls, finding plenty of support letting over 150k go already today
• PPL regathered 47% yesterday and still found support today at $L0.75
• SHF surged both days up a total of 27% to $L0.65
• SSP was the only one bucking the trend today (aside from the struggling Chao Mu's) losing 26%
• WTF was steady on a parity of $L0.04
• CAR regathered it's strength and continued it's strong run back up to $L1.22. Nice

So plenty of movement around and after all the commotion, the market was back to the cusp of last week.

Let's hope it can keep it going!

Sincerely,
Logansan Oh
- CEO, Chairman

Elaborations (please dont read if you hate a rant)

I need to speak, but you don't have to listen.

I have just been through a harrowing experience with the airport (SW and I are off traveling, me for 2 days, her for a week). The flight was delayed due to a hydraulics leak, so we waited (patiently) for 4 hours to be told at "re"-check-in that the plane could not be fixed and we would now be flying tomorrow morning...approx 13hrs after our initial schedule. Awesome. I'm not going into further details of how shockingly this situation and the proceedings afterwards were handled, let's just say, that was the 2 second positive overview of a 7 hour excrutiating experience.

Anyway, why do I chose here to write this? Well, because of the current state of the market. Todays report showed a definite "doom n gloom" review of the day's outcomes, but as we were about to board our original flight, we were taking one last look at the figures (hoping for a late rally) and saw the worst...the biggest single day loss since the inception of our analytics software (think Ginko crash and gambling ban...we have those numbers)

So, I am on the plane, slight air of concern (no, not panic) and discussing the potential impacts of a WSE or SL recession or the possibility of some SL or LL news that we were yet to tap into
and we were told of the unplanned disembarking and moved into the bar (of course). Excellent opportunity to recheck the markets' stats and make sure the "sky hadn't fallen in" ;)

It hadn't, there were a few (maybe 4...numbers are so insignificant at this stage and you can all scold us later for this) stocks trading slightly up and nothing much else had moved since the falls, so our slight of confidence was admonished and we both now retire for the evening in hopes of a fresh new day tomorrow.

What caused today's downturn?? WSE announcement of ATM troubles? (which is actually an SL wide issue that happens quite regularly)...I doubt it.

Open for some discussion here...as our sources around the news postings and blog-(community...I hate that other 'coined' term) were uncharacteristically quiet.

Hope you all have a fantastic weekend and if you are traveling(do Americans spell this differently to Australians? I thought it had 2 'll's?), I wish you safe and seamless passage.

Kind regards,
Logansan Oh
- CEO, Chairman

'Punched in the ovaries' - Thanks Wil

Awesome day! If you were selling for profits...Painful day also for SLEXchange members, as the deadline for scheduled maintenance on the site passed with no more news :( The sad faces were: (BMC-25%), (HCL-6%), (LGO-25%), (RDX-4%), (SLM-42%) and (TGB-25%)

• Blumont Capital (BMC) Announcing news of a funds management program in the works earlier this week and posting a "blank" financial report on November 3, suffered a tumble today with some interesting numbers being thrown in to confuse out analytical software. Weakening today to $L0.30 finding support later in the day to close at $L0.
• Hope Capital Limited (HCL) turned down to face it's underlings today slipping to $L1.27
• Logo Coding (LGO) saw profit taking again today sliding back to $L0.70
  
• Redux Technologies (RDX) was hurting early with a massive drop around $L1.00 but found support reducing the loss to just $L0.04 sitting on $L1.34
• Second Life Marketing (SLM) continued it's horror few days languishing another $L0.32 on yesterday to finish at $L0.45 even after positive news from the CEO on 5th
  
• Tao Group Bonds (TGB) confidence continued to wain as no information from Chao Mu regarding the company has been received, sending the bond down to $L74.51
  

Recommendations - Must have been "moody" yesterday, I am feeling a little more sane today. After a softer day all round some cheaper positions can be had around the market:

• (LGO) I think I might burst some happy traders bubbles with this one (we have mentioned it a few times) but the bread and butter is being spread for a BUY at $L0.65-70 and a SELL at $L0.85-91
  
• (GFP) suffering a sell off cheaply by someone in the market, could be spurring some price fixing, either way a good buy for the newby at $L0.39, below the IPO price
  
• (SLM) No support was found in the higher numbers, so don't be fooled into a buy with a drop like today. It's still within hold/sell range
• (SNE) No news from Sarah Nerd on your2ndplace.com for a few days and no announcement on WSE since the dividend has one investor jumping ship. No need to panic, definitely a cheap BUY at $L0.65!!
  

What are YOU up to this weekend? (This report is early cos I am off for 2 days!! YIPPEE!!)
SW

Slippery slope; turns roller-coaster

The market performed terribly at the start of the day led down by the mirrored Lemur WSEIndex (LWI). Late in the day the Index rallied along with some other stragglers to finish slightly up on yesterday. Quiet day on volumes with penny stocks still resting close to parity. Plenty of items to discuss with: (APZ63%), (CAR16%), (LGO127%), (LLL6%), (LWI-46%), (SIM40%) and (THI21%)

• Apez Corp. (APZ) recovered spectacularly today in the face of pending issues with the conglomerates currency exchange stock. Confidence returned after a horror 4k trade sent the equity to an all-time-low of $L0.05!! Closing up at $L1.95
  
• MH Motors (CAR) hitting the floor running today with plenty of investment (possibly coming from those who waited too long to jump on the IPO! - 2 weeks to fill! wow!) and nothing in the red. 120k+ and still going after hitting the floor is promising, closing up at $L1.16
  
• Logo Coding (LGO) a big mover around the spread over the last week, closed up today on strength at $L0.70 with a last small trade at $L0.93
  
• L&L Rentals and Sales (LLL) suffered early as SL CAPEX listed L&LBT was halted due to discussions around sustainability. I won't go too much into it, you can read it at her blog. The implications for (LLL) seem to be a possible merger, which could hurt the current profitability of this company. Rallied up at the end of the day on very small volumes to $L2.12
• Lemur WSEIndex (LWI) has suffered at the hands of some price manipulation as investors struggle to grasp the concept of a weighted derivative. The stock traded 1k down at $L0.81 early in the day pulling the market as a whole way down. As of writing, it was sitting vicariously on $L2.25 not finding enough support to strengthen this position
• Sienkiewicz Investment Management (SIM) jumped the gun on our forthcoming report surging $L0.30 as the delayed dividend posting eased investors concerns. The stock closed up at $L1.05
• Tao Heavy Industries (THI) found support in the current turmoil, with investors reluctant to turn their backs on the possibility of this bouncing back, rallying many of the recent losses to end at $L0.40
  

Recommendations - Risk takers flooded the market today giving me confidence to point to some others:

• (CAR) keep your eye on any rogue trades close to the IPO price, it looks like this will trade well on the spread for the first week or so
  
• (SSP) suffering a loss today on smaller volumes, could well fall further. Jump in around $L0.07 and stand to lose nothing!! (Told you, i'm feeling 'horny'...the bull kind i mean!!! :O Minds out of the gutter people!!)
• (SLM) integrated into many of the well-performing business models, slipping a little today. BUY @ <$L0.77, the bottom of the spread is only $L0.44!!
• (FDE) Shrinking today almost 30% rings alarm bells, especially on the lower end of $L0.40
• (DDE) is an absolute bargain on the current SPO price with Delicious Demar's keen eye for new and steady revenue streams as focused as always
  

Keep your eyes on Lindsays blog and those newcomers!!
SW

Where for art' thou Chao Mu?

Both Logansan Oh and I have tried repeatedly to contact Chao Mu (THI, TGB) in-world to no avail. Next step is the board members as investors confidence wains and patience is stretched.
The market rallied most of yesterdays losses to return to it's start of the week low. Helped by a few movers in the remaining penny stocks and some healthy gains by the bellwethers: (APZ-35%), (FKH31%), (HCL-1%), (LLL27%), (TGB22%) and (THI-8%)

• Apez Corp. (APZ) Alarm bells with a trade halt on (ACE) Apez's currency exchange pending an announcement. Investors continued dumping the struggling stocks sending the price well-down to almost month lows of $L1.20
  
• Flying Kitten Holdings (FKH) as promised, I have been taking a look through this companies numbers and it seems, while volumes are low, the spread is somewhat overlooked by traders seeing the see-saw drop to the fat kids side of the park today resting back on a high of $L11.96!
  
• Hope Capital Limited (HCL) after an early profit taking session saw the stock fall 5 points, clever investors stepped into the gap, making a break up the middle falling short of the goal line at $L1.37
  
• L&L Land Sales (LLL) also rallied yesterdays losses to return to $L2.00 flat
  
• Tao Group Bonds (TGB) lack of information on the defaulted dividend payment hasn't deterred some investors rallying yesterdays losses to return to just under $L100 towards the end of the day @ $L99.99
  
• Tao Heavy Industries (THI) still on a slippery slope losing a further 3c today to fall back on all-time lows (discounting the end of September shock of $L0.10) of $L0.33
• 
  

Recommendations - How do we choose!?

• (BMC) shrunk a little this morning and volumes increased along with the spread. Healthy gains to be had around the BUY of $L0.22
  
• (LLL) with land stability returning and positive news from the land sectors companies and Lindsay Druart placing some of the workload in the hands of trusted friends, certainly leaves room for growth. Accumulate @ <$L2
• (FKH) How many kids need to be on the other side of the see-saw to drop it back over the low end? Keep your eyes open 0.0
  
• (THI) as the days tick over the risk increases and the ROI grows. I am now sitting on the fence...waiting...
  

Until tomorrow,
SW

"AND THEY'RE OFF AND RACING!"

Well, for those in Aus land today, the nation is poised to grind to a halt as 23 horses run around a 3k track. HOW EXCITING! (You should see my hat! I love it!!)
News closer to hand; a slow day with these players still in the game: (HCL6%), (SIM23%) and (THI-12%)

• Hope Capital Limited (HCL) rallied yesterdays losses with a good volume closing up at $L1.39
  
• Sienkiewicz Investment Management (SIM) performed solidly today as renewed interest was founded in the announcement that dividends will return. (Maybe the sell off will stop?) Finished up at $L0.75 after an early jump to $L1.07
• Tao Heavy Industries (THI) appearing to be in steady decline with no new announcements and the d-day for dividends passing further and further away. Sitting on $L0.36
  

Recommendations - It appears that I am a GOD and am in control of the market...muahaha...no seriously, Logansan Oh has scalded me for doing the politicians-two-step on SIM over the last few days. (I must say...I have been right so far! :)
But not much to talk about today:

• (MYT) I am going to get into trouble for this too, but while in hot water...let's splash around; $L0.01 buy, even if it ends up as a WTF...
• (RDX) is down again...I'm predicting a rally so keep a watchful eye on them @ $L1 mark
  

• On the Melbourne Cup - My trifecta is Princess Coup, Sirmione and Purple Moon. Outside single - Master O'riely

So, till tomorrow punters!
CARN DA HORSIES!
SW

Company Stock Report - SIM

Sienkiewicz Investment Management (SIM)

Rating - Strong buy $L0.66, Buy $L1.05, Long buy $L1.10, Accumulate $L1.50

Ok, after reviewing SW's reports over the last few days I noticed something that I thought needed addressing. The weekend roundup stated that SIM was showing the warning signs of a crash, then Wednesdays daily report listed it with a BUY rating. I know this must look contradictory, but taken at face value, they are only stating how it looks.
I thought it best I delve a little bit deeper and earlier this week I spoke with the "big-seller" Shaun Altman and finally last night with SIM Corp. CEO, Pablo Sienkiewicz in-world.

So on to the analysis: My report is individual and proposes my own unique overview (with the help of my staff), so I will refrain from quoting or poking holes in other analyst reports or the CEO's responses to those.
(Disclaimer: I do not hold any SIM shares. I have no relationship with CEO Pablo Sienkiewicz or his c-class team)

Shaun Altman has dropped his position over the month from 1.28M @ 85.4% to a little under 900k (@59.8%) and still dropping! I had a conversation with Shaun at WSE and asked why he was dropping the stock so cheap. "How can I sit waiting for this dividend when other stocks (HCL) are doubling?" It seemed the delayed dividend was the major cause for the sell off as Shaun labeled SIM a "liability". The next day SIM posted the dividend and after another chat with Shaun, he stated "ok, I'll stop selling below $L1.03 now".
Why is this important to the analysis? This stock is 100% market owned. Therefore, Shaun's position with it was; "the market". There is an open order of 500k shares for $L1.05 currently, which is obviously this major shareholder...

Pablo Sienkiewicz has been quick to rebuke comments made about SIM in recent weeks and is a member of SL users against VAT group in Second Life. The company was hit hard by VAT as initial capital was limited to $L1.5M and the promised "fixed" dividend meant that operational costs were already tight. After speaking with Pablo about the future of SIM and his thoughts on VAT and the DDE joint venture, it's clear that he has a forward vision for SIM has the company and shareholders (the owners) best interests in foremost. With no controlling stake in the company, I feel the current issues being faced by other companies with "trust" and the possibility of a CEO-run are not so prominent here.

In summary, the numbers predicted by Delicious Demar for the Simlicious joint venture, Pablo's commitment and plans for more than 3 sims in the coming months, a more stable entry price for the stock and better chance for a diversified market holding and the promise of "fixed" dividends (which so far have been the biggest pull and most precarious issue for the company) I see strengthening in areas other companies are weakening.

Some other numbers:
You will notice NTA is still just under $L1.00 in the companies first month returning to business. This is promising with only 1.5 islands and the October problems with the WSE market. The new, more profitable venture with Delicious Demar Enterprises and the WSE market recovering and the bulls are beginning to return...a chance to grab a 30% stake in the company at $L1.05 with a guaranteed $L0.04/share monthly return via dividend...

Cash: 368,467L
Mainland held: 0 meters
Value of mainland (at 7L per meter): 0L
Islands: 1 1/2
Value of islands (at $1675 US each): 460,625L + 231,000L
WSE portfolio: 189,923L
Open WSE buy orders: 0L
Other investments: 200,000L
-----------------------------------------
Total Assets: 1,450,015L
Debts - none
Net Assets: 1,450,015
Shares outstanding: 1,500,000
Net Asset Value per share: 0.966L
================================
OPERATING STATEMENT
Revenues:
Tier: 124,400L
Dividends: 0L
WSE Trading income: 24,783L
------------------------------------------------
Total Revenue: 149,183L
Expenses:
Tier: 147,730L
------------------------------------------------
Total Expenses: 147,730L
Profit/Loss: 1,453L

If anyone has any comments, suggestions or corrections to this entry, please, as always contact Logansan Oh in-world or post a comment on http://swassets.blogspot.com.


In other news, just quickly, we clicked over the 1000 viewer mark this week here at http://swassets.blogspot.com, so we want to thank all those who have taken an interest in S&W Assets and Funds Management.

Spread the word!

Sincerely,
Logansan Oh
- CEO, Chairman

Spread the wealth

Reasonable dissemination of investment today as the (WTF) onslaught caused by an influx of "forced" investors as Midas Bank declared bankruptcy, petered off as the price hit a low of $L0.04. Movements in and around profit taking and renewed investment as the news-reel got a workout today: (BMC-6%), (HCL-5%), (MYT-87%), (RDX35%) and (%)

• Blumont Capital (BMC) after an early surge to $L0.45, it appeared profit taking was the name of the game taking the share down to $L0.31
  
• Hope Capital Limited (HCL) CEO LukeConnell continues his buy up as yesterdays late run was slowed today to close down @ $L1.31
  
• Myth Enterprises (MYT) a dramatic late run on month highs over the weekend was ended today as the stock returned to its monthly median of $L0.04
• Redux Technologies (RDX) is being well-manipulated with small trades offsetting the spread and CEO Redux Dengaku buying back shares and also announcing company changes to the dividend structure that could take place soon. The stock closed well up @ $L1.07
• Second Street Partners (SSP) awoke from the winter slumber of late with $L0.07 trigger being hit for a large BUY sending the price up to $L0.10
• Tao Heavy Industries (THI) Helped on by an unknown WIC trader, several strong BUYS sent (THI) up to $L0.41 as it crawled back as investors ran with no news of the outstanding dividends
  

Recommendations - There as-always is plenty to go around

• (FKH) We have seen some reasonable volumes around the spread over the last few weeks. (I must do more reporting on this) Historically, under $L9.50 would trigger a BUY and $L10.50 a SELL if you were playing the spread hop-scotch
  
• (HCL) Any dip is a trigger to BUY while this stock sits below Caspers' (LHH) barrier of $L1.75. Too many good plans in motion and on the horizon to not be in a good position with the bellwether
  
• (RDX) Good news could have traders salivating for a profit take, i would say watch for any dips or SPEC BUY @ <$L1.10. The new structure will bode well for investors.
• (SIM) Positive news on the (DDE) cross-pollination serving a good feeling for the future of this companies profits and dividends. BUY @ $L0.60
• (THI) Will the dividend come? Keep a watchful eye out for Chao Mu in-game. No need to run at this stage, too much is invested in the new ventures...
  

Will regulation come to spoil our game?
SW

Midas Bank - Sub-prime?

Sorry for not posting any information until now, too many people are jumping to conclusions and I didn't want to report anything until I had an understanding myself.
I was unable to get comment from Midas Commons as the Midas Bank was empty when I arrived (strange!) so I am still remaining on the fence at this stage.

The information released thus far:
Midas - "ON Nov. 2nd 2007 Hope Capital and the WSE, despite having an ample supply of lindens, blatantly witheld payment due on a 3.5 million linden dollar Hope Capital corporate bond issue that they had sold to Midas Bank this past summer(ticker HCB). Midas Bank protested and in response a malicious and aggressive action was taken against Midas Bank by Hope Capital. In an act of brazen thievery and tyranny, Midas Bank's shareholders' stock on the WSE was dissolved, thousands and thousands of Lindens in a Midas Bank WSE account were confiscated, and any and all Midas Bank holdings on the WSE were liquidated, seized, or converted into a fuzzy and nearly worthless financial unit called the WTF. After this, a false announcement was posted on the WSE that Midas Bank and all its Second Life financial businesses had suddenly gone bankrupt for mysterious reasons. Hope Capital clearly wishes to destroy Midas Bank so they can cancel the roughly 5.5 million linden dollar debt that they owe Midas Bank. They owe this money fair and square with no strings attached. The bank is insolvent until this situation can be resolved. The avatar named LukeConnell Vandeverre is solely responsible for the decisions that created this event. He is the boss of the WSE (he calls himself the CEO) and it was he who sold the bonds (bad paper), he who decided not to pay what was promised and owed, and he who dissolved all Midas Group Financial assets on the WSE without consulting anyone about it first. He has no regard for any rules, regulations, or honor code. We need to all work together to resolve this situation promptly"

WSE LukeConnell - " Midas Commons, CEO of Midas Bank yesterday informed the World Stock Exchange that the Midas Group of Companies are bankrupt.
The WSE accounts controlled by Midas Commons were locked while we reviewed the situation.
The cause of this bankruptcy is not our concern as the WSE is not responsible for the decisions and actions of Midas Group and its management. Midas Group and its management team are responsible for all the financial and operational decisions.
The WSE believes that the Midas Group of Companies were Over-Leveraged and did not hold sufficient cash reserves to allow for the potential risks and impact of increased customer withdrawals, lower than expected earnings from investments along with regulatory and economic challenges.
The World Stock Exchange has now delisted the following Midas Group of companies to ensure that shareholders will have the best possible chance to earn a return on their investments through capital growth and dividends using the WSE Traders Fund:
Midas Group High Yield Bonds (MGB)
Midas Group Financials (MGF)
Midas Development Company (MDC)
Conversion rates:
OLD ---- NEW WTF SHARES
MGF 1 - 1
MDC 1 - 1
MGB 1 - 100
All shares in the above companies have been transferred to the WSE Traders Fund (WTF) which has a higher Net Asset Value per Share than the above companies had due to the removal of shares previously owned by Midas Commons.
The World Stock Exchange has requested that Midas Group provide the WSE with the most recent list of Midas Banking customer avatar names and balances so that the WSE can issue former Midas Bank customers with 1 share in WTF for every L$1 linden held in Midas Bank.
This will ensure that Midas Bank customers will have the best opportunity to minimise the loss and impact resulting from the bankruptcy of Midas Bank.
The WSE will post an announcement when it receives a response to its request for the former customer list of Midas Bank."

WSE Concierge - "You can read the Hope Capital Report that explains the situation regarding Hope Capital Bonds which was released over 3 weeks ago.
Even if Hope Capital did make a bond interest payment rather than moving it forward, Midas Bank would have only received around L$600,000 which would be the only income for his net bank deposits of L$8m to L10m. This represents around 6% cash reserve, an extremely risky cash position for his bank and related companies."

From the onset, it looks like a lot of finger pointing from Midas Commons and a simple numbers game from WSE. If Midas Bank was so heavily invested in one (1-seriously!) equity that bought the whole bank down, why are people claiming it was well-run and transparent. Surely this would have rang alarm bells!

Anyway, before I pass any more judgment, I will await more information.
I urge those that are commenting on this do the same!

I have changed the setting on this website to allow for "anonymous" comments, so hopefully this will improve discussions. Just remember to keep personal attacks for another forum, use the spell checker and please back what you say!

Chat real soon,
Logansan Oh
- CEO, Chairman

Oops, I'm a bit late

Sorry for the lack of a post yesterday, RL was hectic and I'm not feeling too well: Anyway, here's the wrap as I saw it yesterday, with some updates from today also.

Massive few days on volumes, maybe everyone still had Halloween headaches the other day?
Efficiency was closing in for the heavy penny stocks with parity for (WTF) almost reached below the NTA at only $L0.05. Big news came for the other farthings as WSE ordered a trade halt "pending an important announcement"...seems likely (MGF), (MDC) and (MGB) will become WTF's soon enough! More on this as news comes to hand.
Ball rolling though for the following: (DDE3%), (HCL7%), (LGO-42%), (SIM-53%) and (THI-23%)

• Delicious Demar Enterprises (DDE) Entering into Secondary mode at $L2.75 today after a pretty tired week slipping under $L3 with the announcement last week. After tailing to $L2.61 early yesterday before the IPO, things just managed to pickup before the halt
  
• Hope Capital Limited (HCL) Strengthened as the market began to recover and I guess the overall feelings improved with promised dividends from other stocks came through and LukeConnells presence around the WSE to answer any queries. Closing up at $L1.40
  
• Logo Coding (LGO) After a tumultuous week of trades and major shareholder Axe Gretzky unloading over 7k of shares in the last 2 days, the design company struggled down at $L0.51
  
• Sienkiewicz Investment Management (SIM) Fell again today with major shareholder Shaun Altman dropping a huge amount of shares onto the market sending the price down to $L0.51. Even with news of Simlicious being ordered, it was not enough to keep the price steady with this kind of sell off
  
• Tao Group Bonds (TGB) suffered late yesterday with one unconvinced investor dropping 160 of the heavily priced stocks at a record month low of $L0.90. Major shareholders jumped at the opportunity and there was a frenzy as over 2.5k of invested volume pushed the stock back to a more respectable $L101.00
  
• Tao Heavy Industries (THI) as confidence wains on the pending dividend and a slow but steady repositioning of major shareholder Eric Yerd (3.08%) sending it down to $L0.40

Recommendations - Plenty of action, even with the lower volumes, there are profits to be had as the smaller stocks get renewed interest. There's still 2 weeks before the possibility of any new stocks hitting the floor!

• (AMS) Spec buy as we watch for anything lower than $L0.17
  
• (HCL) Heading back towards $L1.00 is a definite speculative BUY < $L1.15. It won't be heading down for long
  
• (THI) I cannot stress enough that (THI) is promising and I just cannot understand a sell-off from a major shareholder at this time. $L0.40? Spec buy
• (SIM) I have 4 letters - R. I. S. K. The warning signs are there with a major cash out without any notice to the market (tut tut)
  

Catchya later!
SW

Quickie.

Hi all, Just wanted to touch base on a few things in my field-of-vision at the moment.
WSE 4.0 looks like it is still a rolling ball, as 2 new pieces of the pie have emerged in the last 2 days with no news as their context or purpose...it's not breaking news, but thought provoking none-the-less.

1. A new menu bar item - LIVE TV. ? Ok. The page states: "Watch Live TV including Bloomberg, CNBC and more for all your latest market and global news." Not sure how this fits in with the current WSE? The rest of the page now includes a collection of Youtube clips on "The Secret". The Oprah backed "global phenomenon"...
2. Have you noticed the Google widgets on the main page? They were (up until a few days ago) just simple RSS feed from some news sites. These seem to have bred and multiplied with a very interesting and somewhat confusing addition. Facebook news? Do you think this is a response to another "global phenomenon", admiration from the CEO or something more sinister?

Anyway, open for discussion on these points. Look forward to hearing your opinions.

Yours in conspiracy ;)
Logansan Oh
- CEO, Chairman

Slowly...

...but surely. A firm day in the market with lower volumes on most, profit taking on yesterdays gains and rallies on yesterdays retractions. Pretty even all round.
'Plays of the day': (DDE11%), (HCL-2%), (MYT20%) and (SRI25%)

• Delicious Demar Enterprises (DDE) regained most of yesterdays slips as investors rushed in for the red-light-special, sending it back toward the $L3 mark on $L2.89
  
• Hope Capital Limited (HCL) found support back up at $L1.30 early in the day only to shrink the gain from yesterday down @ $L1.22
• Mythlands (MYT) struggled it's way back up to $L0.06 today on strong volumes
  
• Spontaneous Rich Investments (SRI) put on a song and dance finally to show the market it was capable of drawing crowds to $L0.20. Still a bit to go

Recommendations - Pretty easy one today with some blatant weaknesses

• (BEX) is flying under the radar on fluctuations at the moment after a small trade sent the price to the floor last week. A newby with a firm grip (huh hmm...pun! pun!) on one of SL's niche markets. Shouldn't last long below $L0.80, so get in @ $L0.74 while you can
  
• (SNE) it's just a hunch, but plenty of action over at your2ndplace.com and a slip 10% today, my tum-tum says buy-buy @ $L0.81...maybe watch for a quick fall over the next day or so
• (HOT) Why such a large spread? We have followed this one for months and can't fault it. If anyone is silly enough to part with these under $L1.90, don't tell them they're silly, buy first...explain later
• (DDE) Secondary to start at $L3.00...current price $L2.89...by my calculations...BUY!
  

I'll get you next time Gadget...
SW