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Forums > SL Wallet Public Forum > Topic: SLW recovering

Aug 21st, 15:46
SciFi Voom
SLW recovering
As I warned a couple of weeks ago I have sold 1/2 of my SLW shares at 0.19. So you can all expect to see the price rise for a while (because I seem to be a terrible market timer).
There's at least 250,000 shares for sale at 0.20 so I guess it will be a little while before it gets much above that though.
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Aug 22nd, 10:22
SciFi Voom
Re: SLW recovering
Guess I was wrong. Someone didn't believe me and put up at least 500,000 shares for sale at market. My limit buys at 0.13 and 0.12 got triggered. So I've got a few more shares than I expected. D*mn
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Aug 23rd, 03:40
SynCere Talon
Re: SLW recovering
Bet I know what you did with those few "extras" lol
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Aug 23rd, 08:57
SciFi Voom
Re: SLW recovering
If you're assuming that I put the newly purchased shares back up for sale you're correct. I guess I've got straddles (except that would be puts and calls rather than real shares (to get more leverage)). I've still got more limit buys in but I'd really rather see the price go up so I can sell more of my remaining shares. It's been 7 months since the bank ban and playing this market just isn't as much fun as it used to be.
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Aug 23rd, 14:19
SynCere Talon
Re: SLW recovering
Oh just playing with you SciFi, but yes definitely no where near as fun. Most days actually boring.
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Aug 28th, 14:01
SciFi Voom
Re: SLW recovering
Edited by author Aug 28th, 16:08
SLW had a nice little move upwards today. Someone must have bought 200,000 or more shares at market clearing out all the sells at 0.16 and 0.17. Quite a change from the seemingly usual selling of 200,000 shares at market taking the price way down. The shares I had for sale at 0.18 didn't get picked up - I didn't put them up until recently so other older orders got filled. I can't even see my limit sell at 0.18 - too many in front of me.
This AV has sold half her shares in the past 10 days and pulled some money out of the account too. I'm ready to buy a little more if the price dips but I do look forwards to having fewer L$ at stake. Now if only my other AV would be willing to play the market and get out too.

Another 200,000 share buy and my shares at 0.18 got picked up. It's nice to see someone with some confidence (or maybe it's Arb spending US $250 for a very small buyback).
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Aug 28th, 16:15
SynCere Talon
Re: SLW recovering
Don't forget in some parts of the world it is payday. ;)
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Aug 28th, 21:25
SynCere Talon
Re: SLW recovering
Found this today, just thought I would pass it along.

http://www.slcapex.com/forums/topic/general/2168

Syn
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Sep 2nd, 18:46
SciFi Voom
Re: SLW recovering
Thank you for noticing the updates to that topic. I'd read it a while ago but there were plenty of new entries now.

Someone did another 230,000 share SLW purchase today. Didn't take the price high enough for any of my limit sales but it's nice to see that someone's got some faith in the company.
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Sep 2nd, 22:22
Silverblade Dagger
Re: SLW recovering
{Someone did another 230,000 share SLW purchase today. Didn't take the price high enough for any of my limit sales but it's nice to see that someone's got some faith in the company.}

I wish it was me who bought those shares, but it wasn't. I have been trying to get funds together do buy up as much as I possibly can at the best prices though. In fact, since the ban and the L$ to SLW conversion, I have picked up roughly 225,000 to 250,000 shares. Hope that is a well enough testament of my confidence in Arb and Bo.

Honoris Causa...
Silverblade Dagger
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