TK Journal 2020-09-24

I ran a Stock Doc­tor down­load today.

Grand Gulf Ener­gy (GGE) appeared for the first time in our down­load and so was added to the Man­u­al­ly Entered Data sheet. Note, that it is hard­ly worth men­tion­ing this com­pa­ny as its aver­age dai­ly trad­ed amount is $108. Also, there is some­thing fun­ny going on as the com­pa­ny went into a trad­ing halt with­out dis­clos­ing a rea­son and then the price jumped on re-list­ing, still with­out any announce­ment from man­age­ment. In addi­tion to this, we must still use Decem­ber 2019 results as the cur­rent half year­ly results are not yet forth­com­ing. Because of the absence of 2020 results, I have gone back to the 2019 annu­al report which states that the com­pa­ny has a qual­i­fied audit. It’s entire­ly pos­si­ble that this will change with the release of their lat­est results and that the share price rise recent­ly was because of this, but we will have to wait and see.

I also took a look at the share graph for Base Resources (BSE) which touched its buy price dur­ing the month but has now fall­en back. On this basis, I have removed it from the buy list.

I have raised a price alert for BSE at $0.29. Autosports Group (ASG) also falls into this camp. It hit its buy price dur­ing the month but has fall­en back. I have set a price alert for ASG at $1.43.