SLW has missed every single one of its earnings estimates last year. This was when the commodity/PM hype was already in full effect. So what makes you think today's announcement will be different?
I'm long SLW, but just noticed this and was wondering what your thoughts were.
So, it does not need to take much for SLW to explode upward!!!
It just need to "meet" earnings expectation. What if it beats by two pennies???
10,9,8,7,6,5,4,3,2,1,0 ....Lift off ... we have a life off .....!!!
Really are you long SWL or shorting the earnings, because that's what the options reflect. A new position before earnings is HIGH risk. A long position before earning is legal gambling. Good Luck
The way I see it , missed ers has never taken it down much,look at history and less than a month later , last quarter , it hit a new time high
(built in or not) it usually is with all stocks
Also if spot continues its climb, slw will quickly catch up We are dealing with a top notch co.IMO
So unless margined heavily or you are spending grocery money , take another look at you decision GLTA I=
Burke is right. There will always be antagonistic people on these boards. If they do bother you put them on ignore. We can disagree but once we hear name calling they lose the argument. You and burke are respectful posters as we all should be.
thx Mr Burke I agree, but this man is not a gentleman , he obviously dose'nt like women because he preys on my every word He just pops like a jack in the box and pows me one Anyway he is IGNORE now I will assume the answer to my question is low volume means no real concern re outcome The ratio whether be in ks or mms was the same lol almost 3 to 1
What ever happened in the past has no effect on the future so they say anyway.
We are in the middle of a major transition with pm,so as to confuse even the brightest of them all.
All anyone can do here is use their own judgement as to whaT WHEN AND WHERE WE GO AT THIS POINT.
Sorry 4 the caps ,my bad ,all the time.lol
Anyway,due to the fact the manipulation is still at this point being alowed to continue and inspite the the oh so obvious facts and cercumstances ,we are all in the same boat here,anything can happen,its sort of a major chess game going on here,we not only have to use calculations and numbers ,but we also have to calculate what the crooks have up their sleeve to!!!
Thats the part that can cause one to become totally frustrated when making a decission of what they plan tpo do.
My self,I would love to put more money into slw,but what I decided to do inspite of that plan is stay on the 50 yard line ,thats what I call it anyway,this way whatewver way things go I and in the middlw with an option to sell with a smaller loss,hold the position,or add to it and lower my average,and finally add to it and sell all shares if we went high enough and start over again when the dust settles.
So there u have it, all jmo ,Jim Good Luck to ya!
Ahh, whatever! Im holding through earnings regardless of the BS that people are giving whether its going to be a good or bad earnings report. Nobody knows but everyone should know that silver prices are going much higher and that my friends is the biggest reason for me holding. I could be wrong, but heck! Why not give it a go. Id be kicking myself more sitting on the sidelines with a good earnings report. GLTA! lol