Stockbrokers make a lot of money not by buying and selling shares, --any simpleton can do that. They make their money by playing dirty little games like what's happening to SLR. Buy 5000 shares at 40 cents then sell 1 0r 2 shares at 38 cents
The price therefore goes down, they are like a pack of hyenas
After a while the small shareholders blame management get despondent and sell their holdings. To me what's going on is that one or more organisations are accumulating shares in SLR, but of course they don't want to pay full price for these shares
This is a dirty game, there is no morality here not with SLR management, the stockmarket or the stockbrokers themselves. They are simply making money.
I think if you sell out now you are getting sucked up and spat out
The fact that the SLR management have given themselves fat pays is sad but normal, our politicians do it, and if your honest, you yourself would kid yourself about how valuable you are and raise your own salary if you could
SLR are on good acreage, have no debt, a wad of money in the bank and good hedging
Ofcourse they are worth more than 33 cents, don't let the bastards con you, they want your shares
SLR Price at posting:
33.8¢ Sentiment: Hold Disclosure: Held
