Shorted another piece of SLW here above 23.40 and went long silver. Silver is cheaper here in relation by a wide margin. I think the increased short interest in Nov and Dec. is being unwound here and this is a good short term opportunity to take advantage of them blowing out their positions. Only if you have access to hedging with silver though. No telling exactly how long it will take to cover or under what circumstances they will have to exit.