Thursday, November 22, 2007

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

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