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Searchlight Innovations Inc T.SLX


Primary Symbol: V.SLX.P

Searchlight Innovations Inc. is a Canada-based capital pool company (CPC). The Company's principal business is the identification, evaluation and acquisition of assets or businesses with a view to potential acquisition or participation by completing a qualifying transaction. The Company has not commenced commercial operations. The Company neither engaged in any operations nor generated any revenues.


TSXV:SLX.P - Post by User

Searchlight Innovations Inc > Parabolic?
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Comment by Bogapeton May 04, 2011 7:48am
216 Views
Post# 18526949

RE: RE: RE: RE: Parabolic?

RE: RE: RE: RE: Parabolic?
Have never owned GPR...wish i HAD.

Operative word being HAD. Knowsome people who do and they trade it off 21 and 50 dma. Sell 1/3 - 1/3on crosses....always trading around a 1/3 core position. Vertical stocksoften ride its 21 dma.  Buying back in on crosses.

Or you can hold it from $4.90 to where it sits today. Almost a 40 % wiggle. Personal pref.

SILVER sold off around 18 % in Jan/feb.
Now? 18 % sell off gets us to $40.80...where we sit now. Sliced thru 21 dma at $43 - 50 dma is $38.70.
Hate to say it but Morgan was right after a last gasp pop. Correction should continue. Normal

And hedge fund favs - silver proxies - as posted earlier lead the metal down. SLW, FR, GPR and others...

Momentum ran Silver to $50. Momentum took it to where it sits today.

Traders looking for a trend. No conspiracy theories. Just traders.

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Dealroom for high-potential pre-IPO opportunities