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Silver Wheaton Corp. Message Board

  • fsepassi fsepassi Dec 23, 2008 4:16 PM Flag

    Strong finish in spite of spot being...

    down and the markets down should tell you something about the value strength of SLW and where itis heading.

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    • There's a bubble of end of year buying bouying the shares. It helps that at $10, this stock should be $7-8, there is cushion here in anticipation of recovery.

      But this generation raised on Sesame Street quick fixes is in for a long sobering recovery no matter how much money the world prints.

      Everyone is hoarding his or her paper currency, and this is hide it under the mattress time, not invest in the market time.

      The secret is to buy low and sell high, income averaging over the next six months back into the market.

      15% of my assets are invested in the mid range between Oct 10 and now.

      I expect to retest those lows and double my committment.

      Slow and steady wins the race.

    • They just keep adding to reserves.

18.20-0.64(-3.40%)May 27 4:02 PMEDT