The only way is up...baby!
Strong day on the market and gains were spread far and wide. Surprisingly not where they were expected, but the bellwethers could be just taking their time to shine.
On the roundup today we saw: (AMI-30%), (AMS7%), (HOT11%), (RDX27%), (SRI-38%) and (APZ132%)
- Action Mortgage and Investment (AMI) Even with CEO Adonis Action buying up the stocks, there was no reprieve as Stryker Yoshikawa (13.60%) dropped over 14k shares onto the floor. The stock finished down at $L0.23
- AM Sportsbets (AMS) rallied yesterdays losses to finish up at $L0.15
- Kush Islands (HOT) Reignited today after a slow week closing up on $L2.32. Let's hope this is the beginning of a return to power
- Redux Technologies (RDX) Investors must have enjoyed CEO's big words of the "Pie" as the flagging price rebounded striking $L1.03
- Spontaneous Rich Investments (SRI) Struggling in this volatile market, posting a minimum dividend, long investors dropped the stock after receiving what looks to be a consolation prize sending the stock down to $L0.13
- Apez Corp. (APZ) Up fantastically again with solid volumes and high asking prices as it looks to return to the IPO price of $L6.00. It closed the day on $L4.64 (Can I get a WOOT!?)
- (WTF) Yes, I am saying buy. Why? NTA is higher than the price, dividends should be paid, it won't break the bank @ $L0.03 (pardon the pun)...need I say more?
- (SKY) I am with the new guy, plenty of assets, solid management, solid plans and a 7% loss on price today at $L1.15
- (LLL) still sitting on the SPO listing...cheap cheap!! BUY BUY!!
- (LEM) Reasonably priced SPO, Casper certainly has my vote on 'trustworthy' and plenty of assets (check out 'most' of the major shareholders lists)
- (HUI) now, one of the best dividend histories around...another cheapy on the SPO list.
Splinkrot Writer
2 comments:
Agree with LEM-SPO with a very reasonably prized SPO@1.50.
Disagree with the LLL-IPO prize @2.00 is not cheap cheap.(Pre-SPO trading at 1.85 right now).
SKY is a buy at these levels, CEO (Paris Duart)invested the IPO money VERY well (look at the numbers ;).Time to give the shareholders something back in form of dividends^^
Nice blog, i read it nearly daily ;)
Thanks for your comments Oh Tomorrow!
If you take a look at the pre SPO price for LLL and DDE we will see a common trend. It falls when an SPO is announced (obviously...and to the benefit of those about to invest!)
LLL has traded on average above the $L2.00 mark for the last 90 days with some trouble in the market in general seeing it fluctuate more recently.
Great to get some comments, hopefully some other readers will throw in their 2 linden cents!
SW
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