This advice was given on the Sky business channel back in January-February of this year when SLR made it's initial run to $3.87 and then had an initial failure shortly afterwards to supersede that level. The guest that particular evening took a call from a holder who wanted to know what this person thought of SLR short-medium term prospects. He was a technical analyst and although I certainly know their calls are not always right, his was absolutely spot-on. I honestly do not remember his name, but I sure remember what he said that night. He did give high praise to the company, but that was not his point then. Price action then led to a gradual series of failures at progressively lower prices, confirming a great call. Overbought at $3.80 oversold at $.2.30??? Time will tell.
SLR Price at posting:
$2.34 Sentiment: None Disclosure: Not Held
