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Silver Wheaton Corp. Message Board

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  • yourdeadmeat69 yourdeadmeat69 Mar 10, 2012 9:42 AM Flag

    12-16 Mar Eco Calendar Fedspeak: No QE III

    Dividends--the anniversary date for the March dividend is--you guessed it, quadruple witching day. They might postpone till 19-21 March, in anticipation of announcing a new deal or two the 22nd of March, as offsetting events. This is going to be a week where share price is going to be all over the place imho.

    Counting on fingers and toes, and thinking Smallwood is going to do his promise--make a deal instead of upping the dividend, my prediction is--same 9 pennies--meaning December silver is about the same as this quarter--AND announcde a $450-500M dollar deal with oh, $5.95 per ounce, reflecting increased refinery costs and BE for the mine paying for the up front cash infusion.

    I would suspect Smallwood would use cash in hand--his choice, cash in hand for divvy or cash in hand for deal--lent credence to the deal coming from accumulated cash flows rather than fresh money.

    Freshly borrowed money however, is so rediculously low, I would not be surprised at a "hedge", with 1/2 the cash coming from debt and half from current coffers. Since SLW shareowners history is rather cash than debt, that is the direction I lean.

    9 pennies. Ex div 16 or 19-21 Mar. One deal, all cash, or at least half cash, half debt.

    Share price? $33.5-$36.95 over next ten days, and I haven't a clue when pops and drops might occur.

    We could always slip on Greece.

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    • I think most of the these events are noises. Just read the yahoo finance titled article, it is bullish in the general market. I kinda agree with that view.

      Let's just look at Friday's performance. The general market rose in a pretty significant way. The PM market dropped down early morning, but later chimed in except SLW. People cried out manipulation and I agree. SLW can do it in one day, but they cannot keep doing it if the Price of silver keep rising in the green. So I tend to think next week will be bullish in the general market, and the price of silver and gold will rise slightly in favor of the bigger picture of inflation. That means SLW will rise sheepishly in the general condition with some deep drops attempted by the shorts (meaning, haha, the morgans and the like.)

      That much said, I think the Earning report following next week will trump all the economic reports of the coming week. Even Bernanke's big mouth will not matter. Specially after the strong effect of his mouth last week. This time his mumbles will not mean anything. Cause people already expect that there will be no QE3, even though QE3 in reality already happened. To be or not to be is no longer the question. So it's gonna be a non event. Not sure how he will time the market for the election. Most likely he will try to shake the market on the 2nd half on the year. In his eyes this market so far is just about right. He doesn't need to do anything. So my guess next week his talk will be much ado about nothing.

      In terms of Q report. That's more significant. Actually very significant. Not sure how the market will interpret. Never predictable. With a hot stock like SLW I tend to guess that we will run up before then drop, and if we don't run up before we will afterwards. Either way I'm just hoping POS will help us.

      No matter what happens, if we gone up too much you know how will whack us. If we gone down too much we always hope that the POS will help us. This is the reason why we invest in SLW. Nothing is for sure except there will be inflation, and the price of silver will go up.

 
SLW
20.11+0.18(+0.90%)Oct 1 4:03 PMEDT

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