daytrades march 11 pre-market, page-13

Stocks to watch today:

RTL- Broke out yesterday on significant trading volumes in anticipation of an upcoming project acquisition:

"Projects reviewed have been in a variety of business and geographical sectors, some of which are complementary to RTLs existing operations and some of which would likely result in a significant diversification of those operations."

MMZ- Broke out yesterday and looks set to retest yearly highs IMO. Waiting on further details regarding their JV with Hot Shot Media, online gaming launch and major sponsors. Looks as though they will be utilizing Facebook as a platform for their social games and ultimately will be competing with Zynga who were recently valued at $US2.61B...

CXN- The large volumes currently going through suggests that stale holders are being cleared off the registry. The question is will they take out up to 6c prior to project acquisition news being released..? CXN specializes in paperless billing solutions and loyalty rewards programs for the Hospitality industry.

The below was posted by Marvin_Mindreader on Tuesday:

"Article in today's AFR "Street Talk" section speculating that they may be making a "sizeable data-related acquisition soon". Also mentions a number of investors in CXN including FCP (known), David Paradice, Pratt family, Colin Bell (of Bell Potter) and Ashok Jacob (Packer family confidant). It speculates that a lot of the above investors are using nominee accounts.

Also says that Challenger Financial Services and Schroders Investment Management have been on the register for some time."

JB