It's a brave new world

I don't know exactly what I mean by the title, could be something to do with a general positive, warm-fuzzy feeling. The market saw some MASSIVE volumes today including an enormous 3rd party buy of 0.5M in 1 hit...(bet you can't guess)
Movements today included (MDC18%), (MPM-25%), (LGO25%), (GPB17%), (HCL5%)

• Midas Development Company (MDC) Troubled Midas Commons' flagship on the WSE (there is also MGB MFM and MPM) suffered with a few low trades of mid $L1.50's to finish with a strong 10k swap out at $L2.01, pushing the price up 18%. Closing on a high at $L2.04.
  
• Midas Property & Mortgage (MPM) Also suffered today from a massive dump whilst sitting on a high of $L0.04. Closed on a low $L0.03.
  
• Logo Coding (LGO) after a slip last week went unnoticed and sluggishness this week, modest volumes pushed the price back to well above $L0.55
  
• Ginko Perpetual Bonds (GPB) after a massive dump yesterday crashing to a low $L0.06, this heavily traded stock saw rallies today taking it to a high of $L0.08 before some profit taking leaving it with a close of mid $L0.07. My predictions (luckily) of a further fall were short-lived.
  
• Hope Capital Ltd (HCL) I wasn't going to mention...bah, a third party today followed Erik and Caspers lead and hoarded in almost 0.5M shares in the most visible stock on the market. Not surprisingly the price has solidified at a 2 week high and doesn't show any signs of slowing.
  

Recommendations - A good day to start your portfolio, and also a good day to clean out some dead wood:

• (GPB) If you can get in at a low $L0.07 or even some $L0.06's, there is still some room for a quick-buck (did I just say that? naughty)
• (HCL) if you can beat the major shareholders to the punch, get in @ $L0.50 or less!!
• (MDC) Sell. With Midas Bank in trouble and Midas Commons not releasing a single annoucement for any of his equities to the WSE in last month, it does not look promising...but at this surprising high and a major shareholder bailing on some high volumes late, could be a good time to follow the lead.
  

See you soon,

SW

Im here

Sorry it has been a couple of days, but things are generally hectic at the moment and I am trying to do 20 million things. (anyone want a job... or 50?)

I don't have time for a huge report or a lesson today but I have released my second and more in-depth report on HCL. You can find it at the WSE here. Oh...so on big news; I am now a listed analyst on WSE. (take that Splinkrot!) but I will be taking a lot of advice from those close to me in the know.

I promise I will post again tomorrow (yes, I did just make a promise and I'm going to get punished if I don't keep it)

Until then,
Logansan Oh
- CEO, Chairman

Action begins to return

The market was mild today with popular stocks performing unevenly, giving the market as a whole a flat feel. Movements of note; (AMS64%), (HCL-4%), an early rally saw (MAI25%), a late rally for this newcomer up (PFW26%) and (SNE-11%). Quiet until now, (SUN97%)!

• A.M. Sports Best (AMS) jumped to an old high of $L0.23 with some modest volumes. Hanging around this new price obviously sparked a trading frenzy. I would steer clear until the dusts settles.

• Parks Fireworks (PFW) boosted by a late rally ended at $L1.30. Plenty of action around the spread with 50k of shares split in the $L0.27 margin. The movements looked like profit swaps between major shareholders with 20k transfered from Garth Fairchang(4.52%) to Investor Merlin(6.23%) Solid.

• Sarah Nerd Estate Holdings (SNE) With Tyrian Camilo(1.35%) selling off 48k late to some lucky investors, showed what can happen if one of the "Big 5" slip down the shareholder list. Plenty of traders around this bargain.

• Sun Media Consultants (SUN) a consultancy firm with RL connections, is back in the picture with major shareholders going on a buying spree pushing SUN up to almost a long-term high at $L0.5. This takes Bruce Norse' holdings to a whopping 8.17% and climbing...

Recommendations - A last minute splash of 1.2M of Ginko Perpetual Bonds (GPB) hitting a low $L0.06, its lowest for a few weeks leads me to believe the price could still come down. Keep your eye on it:

• (SNE) is definitely a BUY at < $L0.65, watch this one soar on the back of good news from Sarah Nerd

• (HCL) is still a BUY in my books under $L0.60

Till tomorrow,
SW

Market roundup

I know I am a little late with this, but it is hard to cut away from a 24hr rolling market!! (I haven't had much sleep in the last few days) Anyway, sleep is for the weak, onto stocks.

With the recent announcements and investor confidence beginning to return slowly from the weekend outage, there is definitely some movements with rallies for (AMI42%), (LEM11%) and (SLM41%). There were also some slides from newcomers (PFW-29%) and (MAI-23%) and an old favourite (GAL-35%)

• Action Mortgage & Investment (AMI) again rallied and seems to be trading solidly within it's spread
  
• Lemur Invest (LEM) began it's rally after a small slip late last week on the back of profit taking after a great dividend announcement earlier last week
• SL Marketing (SLM) saw a late rally return it to recent highs, though at the time of writing, some smaller-yet-growing trades are pulling back. Looks like profit taking
• Parks Fireworks (PFW) experienced it's biggest decline since IPO which, again at the time of reporting, Allen Parks has released a fantastic report and the share price is on it's way back up. More on this later today
• Mainostaulou Network (MAI) an advertising agency headed by Tyrian Camilo seems to be suffering some post-IPO jitters. There are a lot of comments out there about this CEO and his companies impacts on the SL landscape, which also may be tarnishing this stocks profile
• Games Ltd. (GAL) although smaller volumes are shedding the price on this one, it's possible the ties to Gambling make this stock volatile. Around 6k in volumes around the $L0.49 mark

Recommendations - There isn't a lot I can tell you at this stage, but as I have left this report until the end of the slow period, I will make sure I come back during the onslaught with some more solid crystal balls ;)

• (AMI) jump on board for the spread ride while this stock performs inefficiently. I can tell you a BUY at under $L0.11 will see you rally towards $L0.20
• (LEM) and come to think of it, anything to do with Casper Trebuchet seems to turn to gold, if you can get if this drops, you can rest assured it will rally shortly after
• (GAL) another one I cannot stress enough, Gaming won't go away (just take a look at Tao) and this will perform well around the spread

That's it for me now, but I will return in a little sleep to let you know how the battle is panning out.
SW

** Special Edition ** - Weekend Roundup

Well, I was hoping I would be able to charge in this morning dressed as a matador and tell you all to get your cheque books out, but our predictions (that we kept to ourselves purely to stem any unjust panic) that investors would again take their respective bats and balls and bail was in fact, itself, unwarranted. It's business as usual at WSE, albeit with a few new fancy tools (I will let Logansan Oh explain those later as he is chompin-at-the-bit to let you all know!).
Just goes to show this market is maturing.

Now, down to business. There was a flood of financial reports and announcements this morning as the site returned and suffice to say I looked at the list and didn't know which one to pick first; the almost disregarded GPB, much requested HCL and strong players DDE, LEM, KJL and SRI. So how did they fair? Let's take a closer look.

First cab off the rank, Ginko Perpetual Bonds (GPB), I have to admit, I am a little surprised that this one stuck to it's requirements (to the day) by releasing a monthly financial report, but any information pertaining to the failing bond is extremely welcomed.
The excitement almost immediately returned to slight disappointment as the revenue
clearly states a big fat 0...
Let's hope Andre Sanchez / Nicholas Portocarrero can find some revenue streams he can reveal to the shareholders soon, otherwise the chances of the dividend yield being the promised $L0.03 per share are slim to buckleys!

Now, at this point some of you will be thinking, hang on a minute defra..err (oops, that's not my catchphrase) can you believe that the most anticipated financial statement, the topic of much contention in the market, Hope Capital Limited (HCL) took the number 2 spot in our headlines today?!
Well, I'm getting in the De Lorean and changing that because this report has been worth the wait.

On face value; 9 months on, internal theft, banks crashing, stock exchanges failing, failed mergers, SL decline, a barrage of de-listings...and yet, over $L18M in revenue (pause for brief clap) Well Done!
Looks like Hope Capital is onto a winning formula and a very impressive revenue model.
Further, solid earnings weren't expected due to the problems faced and the work that went into upgrades etc. Overall, an impressive looking balance sheet. Now, it's time to get that share price reflective!!

Some bad news from Sienkiewicz Investment Management (SIM) with the report on direction. Seems the introduction of VAT is going to push Pablo Sienkiewicz out of SL. It's never going to bode well for the share price when you announce that you are halting dividends...

L&L Sales and Rentals (LLL), definitely one we are keeping an eye on, has began posting with some similar information to us. You can check it out here.

I'd like to finish on another positive note here, Kejo Merlin Land Group (KJL), another company that is showing us why virtual economies are working, has informed the market that VAT will not impact them and in fact is a positive more for the company.

I'll be back later on with todays trading round-up and recommendations, so check back a little later.

SW

WSE is back.

The World Stock Exchange site is back available (for me) and it seems the Release 4.0 (stage 2) looks to be in and functioning. You can now place and application to become a registered analyst for the WSE.
LukeConnell Vandeverre is present at the WSE Headquarters in Hope Capital and taking questions. Apparently the Domain servers have not replicated completely yet, so some geographical locations may not be able to log on just yet.

Luke has informed us that trading will resume once the site has been completely verified.

Moving

Big news and plenty of anticipation as WSE announced on Saturday that the site will be closed while it is moved to new servers:
"The WSE is currently closed for updates as we're moving the website to a new server. The WSE will be open again on October 2, 12 AM PDT/Second Life Time."
There was also news from several companies just prior to the closure regarding the impacts of VAT. So far, no negative outcomes seem to be coming out of this. As I stated before, we will attempt to get as many company CEO's to meet with us to discuss their thoughts on the market.

Splinkrot Writer will be back tomorrow and we will be watching the market closely as trading resumes.

Waiting,
Logansan Oh
- CEO, Chairman