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SLR - Silver Lake Resources

Discussion in 'Stocks Q-Z' started by Uncle Festivus, Nov 26, 2007.

sentifi.com

Aussie Stock Forum Sentifi Top themes and market attention on:

  1. Porper

    Porper Ralph Nelson Elliott

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    I think SLR is a bit leaky!! Today's announcement was obviously known by a few!!

    However, this is irrelevant from a trading perspective. Still a nice breakout following a long drawn out basing pattern.
     
    barney and rnr like this.
  2. notting

    notting

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    Was a bit leaky, I agree, but it's not as surprising as the market seems to think.
    People taking notice and liking what they see!!
     
    barney likes this.
  3. HelloU

    HelloU

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    this ega thing looks to have upside (upside for slr i mean)
     
  4. barney

    barney

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    They've been busy the SLR chaps. SP has been on a rocket ship for a couple of months.
     
  5. HelloU

    HelloU

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    and seems upside for the ega bloke ...... this happened pretty fast ..... but that is the game .... none held of either.
    (tny, hope it runs ....pilot 115 ...hello old friend, u still make me laugh)
     
  6. barney

    barney

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    Fairly prophetic observation there Porper ….. Hope you capitalised on it:)

    Since the recent sharp rise, SLR has been dumped like a hot potato …. I don't see any reason other than fear and greed, or possibly, greed and fear:rolleyes:

    The spike means lots of punters were in profit …. The market is getting twitchy so lots of punters are taking said profits.

    Index's are starting to show volatility (short/medium term) …

    Gold is currently high but gold Stocks are also volatile …..

    I feel a bumpy ride developing:vomit: ……
     
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  7. Porper

    Porper Ralph Nelson Elliott

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    Many of the gold stocks have tanked recently barney...well before Gold started to decline.

    PRU & WGX especially (I hold both). You are correct, volatility is on the rise and I do not believe this recent rally in equity markets is the start of something bullish, just a bounce. Maybe totally wrong of course. Some exposure to Gold is worthwhile i.m.o.

    SLR coming back to retest the upper boundary of the Basing pattern perhaps. If so I'll be looking to jump on again.
     
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