TSXV:SLX.P - Post by User
Comment by
M139on Mar 23, 2012 6:55am
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Post# 19708716
RE: 39 cent sale Insider sells
RE: 39 cent sale Insider sells Lukker, wow , thanks for bringing those articles to my attention I am still trying to absorb the information it is shocking to say the least. I mean I am aware there is rampant manipulation thoughout the markets but never suspected anything so massive and bordering on conspiracy theory. Sure put a whole new light on my investing strategy which I now will have to thoroughly review and adjust.
That said, we all know Silvermex has and is being manipulated but aside from that what concerns me is yesterdays insider sell, I mean their options are at .49 so what gives. We have a small support at .36 and then what, are we heading back to the days of .25? Now that would be a nice pickup I would think.
Anyway market trends are all down for the immediate future so imo sit on cash and wait I would rather buy this at .50 with the markets going up then to buy now with the markets clearly going down... but hey that's just my opinion.
M