AQR was looking a bit overbought to me yesterday jumped out last night to see where it goes
KTE still weird to me director bought near the top cant work that out for the life of me
Having a go on MAE for fun not too many heavily hammered on an interesting list someone posted in the KTE thread - hope u dont mind me posting it here: (was 2 days before KTE went running again) not sure how DT relatred it is but will post it here anyway
While the Australian market has recovered a lot of the losses incurred through GFS the micro stocks have been slow out of the gates and in fact have gone backwards. This scenario provides opportunities to get in at the bottom and make large % profits.
Marion Energy (ASX Code: MAE) Slumped from 20c+ to now sitting on 6c mark. An influx of cash has improved their position and only recently there was talk of a takeover at 80c if any truth at all in this MAE is a true bargain.
GBM Resources (ASX Code: GBZ) Again down from 24c a few weeks ago to about 12c now. Company still confident of major phosphate JV with Japanese major and looking at 35c very soon.
Strategic Energy Resources (ASX Code: SER) Good company management should see a turnaround for SER, in particular look for major announcements regarding the not so glamorous graphite deposits. Still have good money in bank, around the 2c mark good one for the day traders.
Emergent Resources (ASX Code: EMG) Has tumbled from 80c to 50c should be some major recovery on the near horizon.
Gray Nickel (ASX Code: GYN) A nickel company that has come down from 50c+ to hover at 5c mark. Lots of room to move here.
K2 Energy (ASX Code: KTE) Similar story 30c+ to 3c mark. New partners and mangement in their stateside operations should see some spectacular movements.
China West Holdings (ASX Code: CWH) 50c to 12c but like pulling hen's teeth. Current holders seem totally unwilling to sell but this is highly recommended and will hit 50c and more sometime in 2010.
Consolidated Tin (ASX Code: CSD) Expect major announcement re deal done to take over leases making CSD the owner of the majority of tin available for mining in Australia.
Last bulletin we mentioned Automotive Technology Group (ASX Code: ATJ) Hope you made some of the 25% proft shown since then but look out for more. Announcements coming through re deals in India and China about major sales and funding. Tipped to be star performer of 2010.
Quantum Energy (ASX Code: QTM) Having settled their dispute with Phillips on their bio-tech products, and major overseas contracts for their heat pump technology coming soon, keep an eye out for major movements.
Prima Biomed (ASX Code: PRR)
Keep a close eye on Prima Biomed. US institutions circling, company cashed up and Nasdaq getting closer by the day. Look for 25c in next few weeks and then sky's the limit.
