OK It's a Friday ...the stock has been killed over the last month or two. What's the downside this week or even next?.....$.60 maybe
What's the upside with a good drilling report or a possible take over attempt.....$3-$5 maybe!
It just doesn't make any sense not to be long SLI at this point and especially before a 3 day weekend. Watch the stock climb before every weekend if the smart traders are reading these posts now. I would have to be insane to take a 3 day risk with the potential upside from some good NR. I won't even take a one day chance with the current risk/reward dynamics at this time. It's a no brainer.....Go long. If you loved SLI at $2+ you should really love it at $.70. My opinion....Obviously, I'm a big believer in SLI's future. People like Sculp keep me going. JW