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
- (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
SW
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