Sunday, November 18, 2007

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

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