SLW has been ludicrously oversold. Remember: this is a STREAMING company and is highly leveraged to the RATE of increase in the price of both silver and gold. IOW, a TEENIE weenie ramp up in the RATE of production of the PM translates to HUGE increase in REVENUE for SLW. Please do some reading and try to understand this.
The only thing I can think of was the DEBT CEILING negotiations are going on, but House Speaker Boenher (sp) just stated that he will send through a clean debt ceiling increase. Heard this about a half hour ago. Maybe the thought that there would be a hold up on the debt ceiling caused this quick 3 day run up.
My thoughts are that silver comex is heavily manipulated down right now, while no one wants to short
a stock like SLW that pays a dividend, because they would have to pay the dividend when declared to the owners of the stock they borrowed. Any others thoughts?