Replies to post #9012 on lowtrade

[dffhogs]

I would call it a flag continuation with a target of .096/.098

[MrMarco]

Hi MBL,

It just seemed like the PPS was already near the top of the channel. Time will tell, I'll have to watch and see what happens.

Suerte,
MrMarco

[eelfland]

Look at the accumulation going on as the price was headed for its bottom, and even as it's been retracing since the early September rally. Don't that just put a new wrinkle in your ol' tin foil hat? Somebody's working this one. Might be worth checking the PR status. You've got me curious. It would be nice to see this one reactivated. It's only been six months since the big highs instead of nine, but it may be getting cranked up again.

http://stockcharts.com/h-sc/ui?s=SLGLF&p=D&b=5&g=0&id=p74153552097

[eelfland]

After looking at a few filings and checking the PRs against the chart, I noticed that they PRed about finding humongous nuggets of gold, but instead of selling the gold, they sold beaucoup stock warrants instead. I stopped reading when I got to 20 million. Not to mention that totally bogus alternative energy thing they're promoting--way too much like USSE. I'll pass on this one, no matter what the price. But you didn't ask me about it anyway. I keep forgetting that I can PM now, thanks to jskibla. Thanks again, js.

As for your original question, since I answered anyway, I doubt it. I'll bet you'll see it somewhat higher at some point, maybe early, but that the downward move will continue as the insiders resume selling into the channel they've got going since that BS PR about all that gold they supposedly found Aug. 30. Poor management--they can't even disguise their scam very well.