SLE

 

sle aug 2010 2

sle aug 2010

These charts are from August 2010. Below is today’s chart.

sle jan 2011

The stock did not drop quite as far is it could have, so perhaps some people missed buying it. Those that did, should consider selling soon for a nice profit. The run up from the lows can be counted in a number of different ways but a simple 5-wave is distinctly possible which would imply a drop back to, say $13. For the more patient investor it may be worth waiting for a serious take-over bid, which , should it arrive, would preclude any further drop.