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

DDE, DSE, KJL, CAR, GFP

Plenty of action around the market again today, with an early flip on yesterday and a slow steady drop to a loss for the day. A huge announcement from Delicious Demar regarding (DDE) and (DSE)'s future caused waves and some pretty huge fluctuations in (GFP) sent the market indices in a spin.
As I mentioned in the title we saw: (CAR-26%), (DDE1%), (DSE-15%), (GFP18%), (SKY-11) and (SNE-11%)

• MH Motors (CAR) Feeling the pressure of the dividend hungry market after ambiguous news about the next payment, one large sell and a small trader spot saw the price retract to $L1.61
  
• Delicious Demar Enterprises (DDE) stammered around this morning only to see a 1% gain over the day finishing up on$L2.91. Not good news for (KJL) holders, but I think we all knew that at this point. Let's hope DD is right...
  
• Delicious Skins (DSE) whithered with acquisition talks as investors saw the potential merger a sign of a failing reinvention. Could be the best news for the company yet? We'll soon see. The price fell back to $L0.88
  
• Geyl Fapp Productions (GFP) after the early morning craziness of $L19.00, the price settled back at $L0.60. But look at that spread!! Oh dear...
  
• SKY Investment Funds (SKY) saw plenty of late action today in the market with over 10k shares dropped out sending the price back at $L1.00
  
• Sarah Nerd Estates and Mainland Holdings (SNE) 3rd major shareholder Stephen Zenith increased his position to 1.16% but it was in his benefit as this sent the price down to $L0.66
  

Recommendations - Too early to tell about a few of today's big newsmakers, but there were a few market movements worth keeping an eye on

• (SKY) can't go past this great buy @ $L1.00
  
• (MYT) I have to say, after THI and TGB were sent into the WTF, my conception of the fund has skewed and anything falling under the price of WTF is now an instant BUY!
  
• (RDX) profit taking on the back of the announcement from the CEO has seen this shrink, sitting again at a BUY price of $L0.89. Would be putting this in as a LONG.
• (CAR) purely speculative BUY if we take the positive side of the announcement that the dividends will be paid weekly...a bargain at $L1.61
  

Have a great weekend!
SW

Honey, how 'bout a quickie?

Movement all ‘round the market today as investors hunted down the bargains after the last few days of price increases. Some of the dormant stocks got a kick start with only 2 zero trades for the day on the entire board! The market was slightly down overall led once again by the weight of (BPV)...
Big news again today as the SPO of (LEM) and (HUI) fell onto the floor. (hey, wasn’t HUI meant to finish in a few weeks?) and just announced, the rollback of the much hyped (LCA). So I expect a few more movements after this report!!
Movers and shakers were aplenty: (AMS-53%), (DDE5%), (HUI50%), (APZ-50%) and (%)

• (AMS) suffered another fall today halving it's price and falling to $L0.07
  
• (DDE) began a recovery from the post-SPO droop ending up at $L2.89
• (HUI) started the run back on the trade floor late today with a buck up at $L3.00
  
• (APZ) Looks like we spoke too soon as the recent gains were pulled off the table closing back at $L2.34

Recommendations – I think I should be keeping these to myself, but as I’m not in it for profit (I own 10 of each stock for reporting and analysis purposes) I will seek out what I can for you all

• (WTF) heading back towards the lower end of $L0.03
  
• (SLM) fell today, try and pick up some bargains around the $L0.55 mark
• (AMS) the ride down should stop about now, jump in and watch the green!
  

Until tomorrow,
Splinkrot Writer

New Rules for Listing

There has been a very long waiting list of companies sitting in the "application" area of the WSE since it's inception a few months back. This was a new feature added for the market to decide on the worthiness of an IPO application and not just rely on the manual process of the members of WSE. This allows far more scrutiny of the companies, the CEO's and the business plan.
Not many have succeeded through this process to date with MH Motors (CAR) being one of the first, after waiting around 9 months!
Adding to these new market regulatory measures is the newly announced Listing Rules that hit the market on Monday. The continuing maturing of the market is providing a much needed strength to the overall feel of the equity exchange and indeed the SL/Virtual economy.
Two points of note:

1. The entity's main Business Activity at the date of admission must be the same as it was during the previous 90 days. - Good or bad? I have seen many companies change COMPLETELY their focus and this would just not happen in RL without a complete restructure and name change and plenty of documentation to go along with it. Not sure how this one will pan out in the ever changing world of SL?
   
2. The entity's total revenue from continuing operations for the previous 90 days must exceed L$300,000 or WIC$1,100.00 - That will seriously impede the struggling stocks/companies from overstaying in a declining business. If revenue drops significantly, the usual practices have included secondaries and other activities to draw as much liquidity into the failing company before the CEO makes a run for the door. On this point, and I need much more time to analyse all the up-coming companies, I would like to ask your opinions and any of the CEO's opinions on this option and how it will effect their business plan/model.
   

In other news (not related to this post) I thought you all might like to see something funny:

Sincerely,
Logansan Oh
CEO, Chairman

Are we there yet?

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!?)
  

Recommendations - Now is the time! (Didn't I say that yesterday? If you had of listened to me...) Still a few lying around but get in on the 'New Offers' while they're there!!

• (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.
  

Quickly now,
Splinkrot Writer

Long time no see!!

I'm back and it's been crazy! Yesterdays late recovery fell off today and the weekends low returned. Discussions during the week around the office on DDE seem to have been pretty spot on, as it appears the day traders are attempting to manipulate the stock into a failing perception in order to capture some bargains. Luckily there have been minimal trades.
Today's biggest motions in the oceans: (DDE-31%), (HCL-11%), (PPL-17%) and (APZ%)

• Delicious Demar Enterprises (DDE) With major shareholders still buying up and the bargains are certainly there for the pickin'. Sitting at $L2.55
  
• Hope Capital Limited (HCL) well, one bellwether is down, may as well send them all off to the dry-cleaners. Down at $L0.89
• Peoplepool (PPL) with a solid announcement today, followed most good news with a loss sitting on a lowly $L0.54
• Apez Corp. (APZ) With SLM partnership seemingly working, solid profits and strong interest from major shareholder Skimi Mission (1.61%), the price is climbing, currently on $L2.99 with the asking values heading towards the original IPO price of $L6.00! Wonders will never cease...
  

Recommendations - I must say it's BUY time around the place. Anyone wanna give me all their money, I promise to keep it with my alt - Splinkrot Bank. I will provide interest on balances with the dividends I receive from all the stocks! (I'm keeping the growth - Disclaimer: Not guaranteed by anything but me)

• (DDE) Grab anything under the SPO and pre SPO price slot of $L3.00, NTA is over $L4.00 so it won't be too long before the profits ride in (not to mention the dividends!!)
  
• (HCL) Obviously no one sees the dividend in the wings, the price is back to bargain basement at $L0.89
  
• (SIM) fantastic dividends return and the price is still under $L0.89
• (PPL) good numbers and positive outlook, BUY @ $L0.54
• (SLM) better than expected financials (hot off the press!!) obviously the Apez crossover is helping, sitting cheaply waiting buyers @ $L0.43
  

Trust me, I love you all!
SW

The wave slows but has it peaked?

After steady, solid rises all week, it seems the market peaked over the weekend and began to recede on Sunday. This was helped by the fluctuations in FAG (BPV) and some adjustments will need to be made to our analysis tools to allow for the recent stock split. Me thinks this plays havoc with other indices like SLQuotes as well.
Biggest news is DDE is back on the floor and as predicted, shot up with some early profit takes ensuring that it didn't quite hit the roof just yet...

• (DDE) selling out of SPO just in time, opened with a 34% increase and I dare say when everyone gets back in later today, this will change dramatically. I've been chatting around the trade floor and noticed differing opinions on where this will go. My bet is a $L5.00 ceiling on some small trades, settling back at $L3.50 with an upwards lean. Delicious Demar even speculated a $L4.00, which is still on the cards after the dust settles...just wait until Xmas!!
• (FED) resumed trading with profit reports and information that lead a small brigade into a huge rise as the price soared 111% to $L1.90
  
• (PFW) had a lackluster weekend sinking to $L0.22 before the bulls rushed in pushing back to $L0.60
• (SUN) still hitting the news and still for all the wrong reasons, after a stock up-split saw the price back in record territory, the profits have been removed from the picture and the price is back to where it started from at $L0.55, still, it was up 90% from the weekend lows of $L0.29!
  

I would have to say there is a 'bear in there', but most of you would think I am talking about a market trend and not a children's show in Australia...it's definitely anyones pick on just how the next few days play out...I say RIDE 'EM COWBOY!

• (SIM) have both been harping on about this for a while, dividends are back, profits back and the price is steady at a low of $L0.89
  
• (PFW) still suffering the traders blight, may need just one solid LONG to save the price (and calm the CEO!! haha)
  

See you all soon,
Logansan Oh
- CEO, Chairman

(Cosmetic edits performed - SW)