What I was asking was why it has put you off 'getting in'.
This sort of 'news' is never really 'news'of consequence by the time it reaches public domain. Therefore I give it little consideration.
All stocks, as you know, are risky, even the best of them, but when you get down to the OTC., then the risk is endemic. So, events should never be a 'shock'.
All I really consider is how is the company doing. What is my gut feeling, and is it supported by the technicals and general information of the company in relation to its field.
All this other stuff, by the time it reaches the PR's is already built into the price - good or bad. (those in the know take, or quit, their positions early.
This is why the reaction of the share price is often opposite to what is expected by those just getting the news publicly - after brief, knee jerk, reaction.
SLGLF is behaving well. Stocks don't move in a long straight line - there are always corrections of varying magnitudes.
As long as you get in in the general trend and use within reason the technical indicators (not 'news' releases)to tell you when to jump aboard, then you will be fine.
Cheers
