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All Four Index's Drop

User Rating: / 3

Written by Nicolo Luminos   
Wednesday, 19 November 2008

For SLReports.net

In a rarely seen trading day, November 18th saw all four indexes drop.

The Virtual Stock Exchange (VSTEX) came out the best, on almost microscopic traffic, losing only 0.7% of it's share value on 979 shares traded, all in ITA(VSTEX). A brief disruption of website activity may be to blame for yesterday's light volume. VSTEX has begun to take extensive and innovative efforts to increase share volume, including discounts for the 20 most active traders, and discounts for listed companies who increase their volume.

 

Last Updated ( Thursday, 20 November 2008 )
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ACE Experiences Dramatic Web Traffic Increase

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Written by Nicolo Luminos   
Wednesday, 19 November 2008

For SLReports.net

After a month that saw the Ancapistan Capital Exchange (ACE : ACE) achieve an all-time high in web traffic, ACE(ACE) CEO Intlibber Brautigan announced today that traffic had almost doubled in November.

"We have over the past two weeks seen a massive increase in website traffic to ACE, with daily hits averaging between 5,000-7,000 per day consistently," Brautigan said in the official press release, "With 57,000 hits in the past ten days, the month of november should see a total hit count of over 170,000 hits, almost twice last months record hit rate of 91,000. This demonstrates we are clearly starting to break through to the general public."

Last Updated ( Thursday, 20 November 2008 )
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ACE Turns Corner, Sees Profits For Q4

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Written by Nicolo Luminos   
Wednesday, 19 November 2008

For SLReports.net

In today's Quarter 3 Financial Statement, Ancapistan Capital Exchange (ACE:ACE) CEO Intlibber Brautigan forcasted a profit for Quarter 4, reversing a -L$22,000 loss in Q3 to a forecasted L$100,000-150,000 profit.

"Where last quarter saw a profit primarily due to the IPO of ACE on ACE, without those funds we would have seen a loss of approximately L$270,000 in that quarter. We have significantly narrowed that this quarter, without having that capital to work with, with a minor loss of only 22k L$. The net asset value remains strong at L$2.12 per share, indicating ACE stock is significantly underpriced at its current pricing."

Today's close saw ACE(ACE) trading at L$0.47, more than 4.5 times less than the stated net asset value.

Last Updated ( Thursday, 20 November 2008 )
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November 18 2008 Market Summary

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Written by Nicolo Luminos   
Tuesday, 18 November 2008

Market Summary, 8:10pmSLT  November 18, 2008

1.SLCAPEX Market Volume since 6amSLT: 820,011 Most Active: SLW(SLCAPEX)

2.ISE Market Volume last 24hrs: 25,550 Most Active: LIF(ISE)

3.ACE Market Volume since 6amSLT: 142,209 Most Active: BNT(ACE)

4.VSTEX Market Volume Last 24hrs: 979 Most Active: ITA(VSTEX)

 

Major Indexes:

ACE 73.68 (+3.4%) [Luminos]

ISE 34.49 (+0.2%) [Luminos]

VSTEX 414.05 (-1.5%) [VSTEX]

SLCAPEX 32.10 (-2.3%) [Luminos]

Last Updated ( Thursday, 20 November 2008 )
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GIIF’s last breath - ISE

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Written by Alessandra Narayan   
Tuesday, 18 November 2008

GIIF is having a decisive meeting Wednesday, 12pm SLT at 3rd floor of ISE Exchange to debate Andy Grant’s offer, CEO of GDB, amongst other enterprises –five more, such as Wenden Xeno of SAS; Pablo Sienkiewicz of SIM!; Mart Lupino of FVS ; Casper Trebuchet of LEM; Itchy Gamba of Kush Islands– that also wish to take over the Cadence Juran abandoned investment capital.

Still what drives so many interested parties?

GIIF owns 25’000 shares in ISE, the fastest growing exchange market, which recently saw its own shares (90% of GIIF’s stock portfolio) go from 3.50 to 5.00, making the shares very valuable but almost unreachable as well. So this has become a unique way to go after ISE’s shares.

Last Updated ( Wednesday, 19 November 2008 )
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TDJ steps forward and winks to Asia - VSTEX

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Written by Alessandra Narayan   
Monday, 17 November 2008

The real estate company TDJ Properties (CEO John Menkes) has recently informed all of its investors at VSTEX that after purchasing five sims from Crystal Springs Land and Loan, all of these islands have been rented within two weeks purchase.

 After weeks updating islands and negotiating with renters on Open Spaces sims, agreements have been achieved on increasing tiers and TDJ assures that they will not lose any renters, even after raising prices in order to keep with the announced price escalation predicted for January.

Linden Labs decision to raise tiers on Openspace Sims has become a question raising big concerns, and even protests, all around SL.

Last Updated ( Wednesday, 19 November 2008 )
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