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Silver Wheaton Corp. Message Board

  • jkwelli jkwelli May 18, 2013 9:49 AM Flag

    Silver Down and Dropping and SLW Missed Earnings.

    IMO you have to be nuts to own SLW here.

    From a recent article
    - Profit decreased by roughly 9% year over year to $133.4 million.
    - Revenues missed the Zacks Consensus Estimate of $253 million.
    - Cash operating margins declined 11% year over year
    - Silver Wheaton had cash and cash equivalents of $75.5 million as of Mar 31, 2013, down roughly 92.5% year over year from $997.5 million a year ago.

    SLV will continue to drop. MAYBE when SLW is near $12 that will be the bottom.

 
SLW
12.39+0.39(+3.25%)Aug 28 4:02 PMEDT