Sunday, December 9, 2007

Weekend wrap and day's action

I'm number 100!! That's right, the 100th post for us and it's me (let's see how long it lasts...)
Let's get down to business. The market was up at a whole today after a strong lead from the weekend with some good volumes on the penny stocks. Friday's low close for the week was rallied consistently over the weekend and yesterday we saw the biggest drive overall. Today started sluggish as it was quiet on the news front, but that has faded across the board with some healthy gains around: (AMI-32%), (FDE-44%), (FED54%), (SLM21%) and (APZ4%)

  • Action Mortgage and Investment (AMI) was pummeled over the weekend with major shareholders continuing the sell off, quicker than the CEO could buy then back. It made the cut again today as it took a 12c sting with 14k dropped sending the price down to $L0.25
  • Four Deuces Entertainment (FDE) in the face of a changing environment and new rules (which won't apply...) investors seem to be a little cautious dumping the stock and sending it crashing down to fresh lows of $L0.22
  • Ford Eddleman Designs (FED) saw strong support today rallying to $L1.93!
  • Secondlife Marketing (SLM) finally receiving some positive news and looks to be recovering from major shareholder sell-offs over a month ago. Could this be the dawning of SLM's day? Up at $L0.74
  • Apez Corp. (APZ) Rallied some of the profit taking drops that have occurred over the last week, this stock has been see-sawing like 2 kids with A.D.D! Up slightly to $L2.50
Recommendations: I seem to be attracting a running commentary (albeit a polite one...so far!) so it seems someone is listening out there.
  • (APZ) has always been a long and is starting to prove it's worth. Could see some strong support over the coming week as it finds it's feet
  • (SIM) suffering another slip under $L1.00, step in and pick up the tail end, the dividends and strong management are there
  • (HOT) when this debuted I compared it to KJL. Now I have to retract that as this would be detrimental. A HOT BUY (sorry) at < $L2.00!!
  • (HCL) I have to agree with the news-casters I read today (don't want a media war, so let's assume I made it up, it's a common one so someone else would have seen it) and put this in the URGENT basket. WICS, the predicted northern winter masses, fresh RL investors and a maturing market...need I say more? BUY!
Here we go for a big week,
SW

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