I called it a day a few hours ago, but some late changes caused me to rethink my report.
The market indices's fell slightly again today, as the recent drivers of this advance all receded. (WTF) volumes were rampart again as expected and the spread shrank as day traders took the reins closing the efficiency gap. Focus still seems to be on the major penny-traders but some new investor interest in other areas is pushing the price freezes on some almost forgotten stocks.
Todays watched included (DDE-14%), (PPL17%), (SUN-30%), and (WTF-22%)
- Delicious Demar Enterprises (DDE) lost precious ground after a small slip yesterday went virtually unnoticed. News from CEO of a possible secondary and expansion is obviously causing the cold feet. Could be some pre-change market manipulation at play, it closed down at monthly lows of $L2.61
- Peoplepool (PPL) rallied on recent losses to close up at $L0.35, still lagging the entry of >$L0.50
- Sun Media Consultants Split (SUN) continued it's slide after the stock consolidation and company restructure, settling back at $L2.45
- WSE Traders Fund (WTF) quickly turning out to be the new "day-traders-fund", languished around the $L0.03 mark before struggling back up to close at the lower end of $L0.07
- (DDE) one of the bellwethers sitting vicariously on $L2.61...guarantee it won't sit there for long!
- (LLL) suffering a late run slip back to $L1.50. This is a stop-hold at $L2.00, even in the face of LL land market fluctuations
- (TGB) Won't last slipping back on $L100.00. Remember, high hopes and imminent dividends (bond interest for this one)
SW