Tuesday, November 13, 2007

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

0 comments: