Thursday, November 29, 2007

Where are you!?

Sorry for the lack of reporting and news lately, we are still here, just busy with RL stuff. (I am changing organisations, SW is away working through strategies - fun, and VS has a RL IPO in the works) So analysis is limited to the simple charting I can gather from our tools and the freely available market information and reporting sites.

I promise to improve over the coming week (having said that, we will all be away over the weekend!!) and I have some interesting developments in the works that could pop up by the end of next week, stay tuned!

It was a pretty decent week earlier on, but has petered off in the last 2 days. Biggest news for the week is (THI) and (TGB) delistings (and conversion to WTF...) and placed into default by The Rock Insurance. There was also a halt on Rezzations (REZ), which looks to be a result of the monthly company check from WSE.
From the CEO's this week:

  • Adonis Action announced a share buy-back, which has sent the stock (AMI), already surging, to new recent highs, currently trading at $L0.58, up 16% from yesterday!
  • Hope Capital Ltd (HCL) dropped back this week below the $L1 mark, but has seen investment from major shareholders bringing the current trade to $L1.04
  • Jon Desmoulins announced some big news for (SLM) and investors returned seeing a surge to $L0.59 today, up 26% from yesterday and strong volumes > 8k
  • Tyrian Camillo told the market of unexpected growth and this weeks volumes and price have followed the trend with 13% realised today sitting on $L0.77
  • MH Motors (CAR) released it's report with some good numbers, maybe not what everyone was expecting though as the share price dropped today back to a low of $1.54 before resting on a modest $L1.96. (Me thinks 'you can't please everybody Rockwell')
I have some recommendations, but please take them with direction and not promise:
  • (DDE) - bellwether, low SPO price, solid performance history, solid dividends. I'm scared of how the release to the market will go if there are peddlers hoping for a quick pump before they drop them...
  • (SLW) Outperformed in my eyes. Strong on everything, quickly becoming one of my favourites for longevity.
  • (HCL) Long. But not a bad trade if you want to flip around the $L1.10 mark
Have a great weekend all!
Sincerely,
Logansan Oh
- CEO, Chairman

1 comments:

Anonymous said...

Hello,

I can confirm that the halting of REZ is a result of the company review.

Regards,

MouzurX Wise
General Manager & out-of-world concierge
WSE