its, this company has a long history of keeping shareholders in the dark...as I said in an earlier post, I had hoped that Ben would take that part of his job more seriously than his predecessor but SO FAR nothing new. Perhaps it is one of his New Year resolutions!
gam: I agree pretty much with your cwh target (I posted target of 69.00 on 12/10 on stocktwits). I think we need price confirmation in the way of new closing high to confirm the breakout. Best!
my view of the results is that they "could have" and "have done" MUCH worse...so from that standpoint it was a relief.
I had hoped that Ben would be an improvement over Pudil and while I think he is...it isn't by much.
With the expansion, there is a lot of leverage in their business model...if they could just bring in new business on a regular basis.
The energy problem is a real conundrum...there is more oil exploration than ever going on...I would think this part of the business would be booming.
The bungling of the release is just par for the course...these guys are amateurs.
Hopefully some one will come along and buy these guys and put us longs out of our misery.
Hi Roxy: thanks for responding. Different strokes for different folks. I'm still long 90% of my position.
Turbine: thanks for your interest. The way I use the targets is to either add at support levels or take partial profits at the various target levels. I use Fibonacci numbers to derive the target levels...nothing (I know of) is 100%; however SILC, at least in the past, has moved up and down within these confines. I'm glad that you find the information helpful! Best of luck!