RE: SXL is a winner...The short interest graph in my previous post is a java based chart and does not seem to hold the data for SLAM... Go figure... My point though is that short interest gives us an indication of what is going on behind the scenes. Don't look at the chart in my previous post, but look at the numeric data listed... (sorry for the format...)
We see two important spikes... In fact... Here is a link to the Short interest Graph (Hopefully correct withought having to put SXL:CA in and reload)
https://www.dailyfinance.com/company/slam-exploration-ltd/sxl/van/short-interest
We see two distinct increases or peaks in Short interest within the last year... One in the beginning of October, and one in mid January... Now compare this to the price action in SXL for the same period. In both occasions, the Short interest spikes almost exactly with the peak in price of slam. The chart is a longterm bull, with two big sell offs... both happening in conjunction with these two spikes in short interest... (Put a 1 year price chart above or below the 1 year short interest graph)
https://www.stockwatch.com/Quote/Detail.aspx (put in SXL if it doesn't load properly)
https://www.dailyfinance.com/company/slam-exploration-ltd/sxl/van/short-interest (ditto)
Well, that brings us to today... The chart has reset nicely, we are consolidating nicely within the .15 range, and the short interest has dropped to almost nothing again... Refer back to the chart... Each time the short interest falls to minimal levels, as is the case right now, we have a nice long strong move up. Hold tight gang...
Cussy, the Windsurfer:)
-Hope I wasn't too long winded... doing two things at once this evening... :)