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
- (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!!
SW
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