Silver Lake Resources (SLR)

Discussion in 'Stocks & Derivatives' started by Greenman, Aug 18, 2013.

  1. SilverDJ

    SilverDJ Well-Known Member

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    Sept 14 was the last time is was here:
    [​IMG]
     
  2. SilverDJ

    SilverDJ Well-Known Member

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    Getting serious!
    [​IMG]

    Glad I bet BIG on this one, I'm still liking it. Although I missed those lithium plays :-(
     
  3. Abossy

    Abossy Active Member Silver Stacker

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    This is starting to get some good momentum - as long as the gold price holds up we should still make new 52 week highs.

    I'm adding more on the next pull back. Also on EVN which has worked out well.
     
  4. scrooged

    scrooged New Member

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    On this in Feb. I don't often win at this game (if I had my own ASX code it would be JNX) so getting itchy fingers.

    Do you feel you've missed the lithium boat already, or generally not that interested?
     
  5. Caput Lupinum

    Caput Lupinum Active Member Silver Stacker

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    I'm liking the slow but steady grind higher from SLR. Looks like there is some historic resistance at $0.50 so it may stall for a while before continuing
     
  6. southerncross

    southerncross Well-Known Member Silver Stacker

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    Still plenty of run left in the Lithium plays SDJ, BGS alone will eclipse SLR in short time and there is plenty of other potential around as well.
     
  7. SilverDJ

    SilverDJ Well-Known Member

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    I have decent BGS and PIO holdings, but not like SLR. But yeah, I think I'm missed the big ramp up, some are up 800% or something stupid.
     
  8. markc

    markc Member

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    Slow and steady is goooood.
     
  9. leo25

    leo25 Well-Known Member Silver Stacker

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    not today. up 10% :D
     
  10. markc

    markc Member

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    I'm good with that too =D
     
  11. SilverDJ

    SilverDJ Well-Known Member

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    Trading halt today?
     
  12. SilverDJ

    SilverDJ Well-Known Member

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    SLR and EVN kept my portfolio way up today with all the BREXIT chaos :D
     
  13. scrooged

    scrooged New Member

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    SLR BLK RMS for me.

    Oh, and that little nugget BYR.


    Great day for shiny stuff.
     
  14. GoldenEgg

    GoldenEgg New Member

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    Beautiful.
    Wasn't expect brexit to win but i took a punt, all came good.
     
  15. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    I stopped trading in SLR a few months back because I didn't like the way the market was priced. Seemed to me the buy/sell spread was suspect and too wide to be suited to frequent trading.....

    ....and now this guy kind of explains why I didn't feel right.

    https://www.youtube.com/watch?v=LnmDaKqoSRE

    https://www.youtube.com/watch?v=QAJvJMhH8AY

    https://www.youtube.com/watch?v=F10kQYtHK8Q

    He reckons price manipulation is pretty widespread, but he backs it up with some actual data and analytics. Very interesting!
     
  16. scrooged

    scrooged New Member

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    Who trades SLR? You buy @ 14.5 and wait?
     
  17. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    SLR is effectively a very highly leveraged gold play. It swings pretty nicely with the gold price and doesn't decay like options/warrants and I had a few good trades on it - not intraday, more like intraweek or intramonth.

    But they buy/sell spread even at half a cent is still a high percentage and I could see normal price discovery and liquidity was not really there to be a market maker or to fully exploit swings.

    Sure, what I do is not for everyone but it works for me. What did you think of the vids?
     
  18. SilverDJ

    SilverDJ Well-Known Member

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    I sold some recently at over 50c, almost enough to repay my initial investment, but I still plenty that make my whole portfolio swing when it moves by 0.1c
     
  19. SilverDJ

    SilverDJ Well-Known Member

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    Kind of regret selling that parcel recently.

    [​IMG]
     
  20. scrooged

    scrooged New Member

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    Nah

    Easy come easy go. Make a quid and get outta there with a few bonus points still in the till.

    You're not the Salvation Army.
     

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