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. The Company is focused on acquiring business across the mining industry.

TSXV:SLX.P - Post by User

Searchlight Innovations Inc > Read this....it will save you $$

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Comment by dollpartzon Feb 14, 2012 6:08pm

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Post# 19534242

RE: RE: Read this....it will save you $$

Just to add to that .. It'll rally from time to time crossing the 50 day, but that's like a bird sticking it's head out in a target range. Anyone that bought it above the 50 day gets the buckshot. Now it has cut thru the 50 day again like butter, the RSI back down to where it normally lives .. I would guess a dip to .375 maybe. Which would be ok, as it represents a higher low. If it's really demonic might see 35 .. if the warrants are everything and nothing else matters, ok, 32 is possible, bottom of the downtrend range. Those are the levels you want to be buying I'm guessing. If it is bottoming, then it's establishing a bottom range first. But then, what do I know. I do know a reversal until I see one so I will point it out when it happens..

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