powering back, page-7

For a stock that closed at $12.34 yesterday todays closing price of $11.90 is nothing to worry about.

Some folk seem to have forgotten that the sp was only $6.94 at the beginning of this month. I can live with a 71% increase in the value of the stock!

Price corrections are a fact of life. Silex shares gyrate somewhat, but the trend is a fast upward movement. Check for yourself.

Some posts on HC are short term traders, and their views reflect their investment approach. Fine by me. To each his (or her) own investment strategy.

I understand that fund managers are now buying into the company- further proof that this is a long term stock with potential. It's already a ASX 200 company. Expect it to be a ASX 100 company by 2008-2009.

Expect a pause in the sp and then another price surge within a few weeks.

I'm in for the longer term with this one.

Silex Systems has a market capitalisation of $1.68 billion. It's a solid company with lots of blue sky. I'm looking forward to hearing more about their semiconductor trials, uranium enrichment and solar cell technology ventures. Check out Silex's 27 February 2007 update on their web site for more info.

DYOR