Reasonable dissemination of investment today as the (WTF) onslaught caused by an influx of "forced" investors as Midas Bank declared bankruptcy, petered off as the price hit a low of $L0.04. Movements in and around profit taking and renewed investment as the news-reel got a workout today: (BMC-6%), (HCL-5%), (MYT-87%), (RDX35%) and (%)
- Blumont Capital (BMC) after an early surge to $L0.45, it appeared profit taking was the name of the game taking the share down to $L0.31
- Hope Capital Limited (HCL) CEO LukeConnell continues his buy up as yesterdays late run was slowed today to close down @ $L1.31
- Myth Enterprises (MYT) a dramatic late run on month highs over the weekend was ended today as the stock returned to its monthly median of $L0.04
- Redux Technologies (RDX) is being well-manipulated with small trades offsetting the spread and CEO Redux Dengaku buying back shares and also announcing company changes to the dividend structure that could take place soon. The stock closed well up @ $L1.07
- Second Street Partners (SSP) awoke from the winter slumber of late with $L0.07 trigger being hit for a large BUY sending the price up to $L0.10
- Tao Heavy Industries (THI) Helped on by an unknown WIC trader, several strong BUYS sent (THI) up to $L0.41 as it crawled back as investors ran with no news of the outstanding dividends
- (FKH) We have seen some reasonable volumes around the spread over the last few weeks. (I must do more reporting on this) Historically, under $L9.50 would trigger a BUY and $L10.50 a SELL if you were playing the spread hop-scotch
- (HCL) Any dip is a trigger to BUY while this stock sits below Caspers' (LHH) barrier of $L1.75. Too many good plans in motion and on the horizon to not be in a good position with the bellwether
- (RDX) Good news could have traders salivating for a profit take, i would say watch for any dips or SPEC BUY @ <$L1.10. The new structure will bode well for investors.
- (SIM) Positive news on the (DDE) cross-pollination serving a good feeling for the future of this companies profits and dividends. BUY @ $L0.60
- (THI) Will the dividend come? Keep a watchful eye out for Chao Mu in-game. No need to run at this stage, too much is invested in the new ventures...
SW
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