shaken out the sellers?, page-14

Given some of the comments on SLT...

I wonder how many of you have actually stuck with a rising stock for more than a few days!

A lot of good stocks were sold down today for no real reason other than 9/11 fears...and you may have noticed that most of them were recent star performers, such as SLT! So it was simply profit taking...nothing more! As long as the world doesn't end in the next few days, I think it will be safe to assume that most of them will bounce back.

Anyone can see that SLT is clearly trading in an uptrend...it is one of the few stocks I am happy to be holding long term. Since it re-listed the daily trading activity has always suggested strong buying support, even on the down days.

As for the director's trading activities, given the average daily volumes, the quantities are insignificant and not responsible for the actual trend. As I have stated before, my guess is that it was initially designed to help with liquidity and more recently to simply smooth out the edges.

So try to put it in perspective;

If the company was nearly out of money, had no future prospects, heaps of shares on issue and a falling shareprice...I might be concerned about the directors intentions.

The fact is the company has just re-listed, has adequate cash reserves, market ready products including a world first, a fully funded R & D program, more products in the pipeline and a commercial deal immenent!

While talking about commercial deals...what about this "announcement" we keep hearing about?

Well, as I see it, we are now in the zone! The company stated some time back that they would be releasing an announcement regarding the commercialisation of their test kits around about now...so I suspect it really is "just around the corner". However, I wouldn't be surprised if it has been delayed, which I suspect may have something to do with negotiating the best deal with the best group. Anyone who has been involved with these types of deals would be aware of how long this can take!

When a stock like SLT comes along, you grab it with both hands and run with it...it is really the only way to make killer profits! Those that got in in the 30's and 40's when I first suggested it was a "no brainer" and held, would be pretty happy by now...but I suspect many of you have been jumping on and off and perhaps missing out on some of the upside along the way!

I am quite sure SLT will be trading in the mid $1's in the not too distant future...not tomorrow or next week as some of you are expecting...but perhaps late this year or early next.

I am so convinced of this that I have been buying from the mid 30's and have bought on every pullback since...including yesterday. I now have a top 20 holding in both the SLT's and the SLTOA's and when the shares hold 90c again will also look at getting some SLTO's.

As I see it, SLT is still in the early days...a time to accumulate, not to sell!

There is so much yet to happen...announcements regarding manufacturing, distrubution, licensing and/or royalties, will simply mark the beginning of the real game!

Cheers!