Tue, Jul 22, 2014, 3:28 AM EDT - U.S. Markets open in 6 hrs 2 mins

Recent

% | $
Click the to save as a favorite.

Silver Wheaton Corp. Message Board

  • llllorac llllorac Aug 23, 2013 1:24 PM Flag

    What to do with SLW now that it's run up...

    This is one of the hardest decisions involved in investing IMO. Getting a quick substantial gain in a stock handed to you. Do you take it and walk away?. Sell some and keep some... Or turn off your smart phone or PC and let it all ride... A month from now the correct answer will seem obvious but it's far from that right now. Under the vast majority of cases I start scaling out of my position ... Putting in sell orders in increments of 5% or so at 10% higher prices.... In this case I have decided not to do that however. Call it bull headed-ness or overconfidence or outright stupidity..(Maybe a combination of all 3).. I see $50 written all over this stock and it's paying me a dividend based at least partially on where the price of silver is going. Maybe it's because I have lost confidence in the people running this country and federal reserve as well as the dire problems other central banks have. I see no end to unbridled paper money printing and precious metals should rise accordingly. It still begs the question, will I be kicking myself in the #$%$ a month or two down the road? I'm prepared to do that....rather than sell out a position I am so comfortable to be in.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
SLW
26.71+0.07(+0.26%)Jul 21 4:02 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.