SLA 1.12% $4.50 silk laser australia limited

Hi OscarA,Yes, always keep an eye on SLA.As far as the sp going...

  1. 8,877 Posts.
    Hi OscarA,

    Yes, always keep an eye on SLA.

    As far as the sp going from 28c to 76c, i know i was holding ( and ramping :)- ) in that period only to see all my gains reverse after the presentation shareholders meeting back in Sep. Which as you know i attended and was horrified with what i saw to say the least. I couldn't sell quick enough the next day as you know. (but thats not my point right now).

    Even if 30c is achieved(it was 30c only a few weeks ago). How many holders here have revised their entry point to 30c or less? Not too many i suspect. Either very brave or stupid to have been buying last week imo.

    The problem is that many who dabbled have been burnt and i fear that there will be much less interest or investors willing to have another "crack" in the future. Lets face it, support is running very dry imo. Just look at the last few weeks? Buyers gone! Heck, just look at the buy line up right now? Not even ten buyers on the board.

    Very risky holding this atm imo. The rate it's declining on lack of volume and interest is scary. I've seen this happen before. At this rate it will be 5c in a few weeks and i can tell you that it would take an incredible effort to dig itself out from there, particularly considering we are venturing into and are currently submerged in the worst global economic mess in our lifetime.

    Sorry to say but i think its time to cut losses on this atm. If/when it gets to 5c it may be worth a crack then.
    All imo. DYOR... geez i can tell you i did a hell of my own research earlier in the year. Incredible what you can learn matching up posts/announcements/and charts. Great way to get to know a stock if you have the time. Took me about two weeks but it was worth it. Problem is.. posts are almost identical now as they have been for the last 2 years(if not longer actually) ... lol,

    Epi said in a recent post.. "Directors have promised a lot and have under delivered".. aint this the truth!!! It's been going on for years on this one, the reason why there are only 9 buyers on the board imo.

    DYOR
 
watchlist Created with Sketch. Add SLA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.