The risk vs reward has left ..This outfit has no transparency-- 20.00 - tops..
Anything can happen here-It maybe another accounting issue here. Copper has topped out..heading lower- All the stockpiling is going to slow at these prices.. Plus so much of SLT is tied to the Indian economy . Selling at 20.00 and going short..SLT and doubling my short the long US bond. The US has to raise rates to attract new buyers for the bonds. IMO technical prices have exceeded real demand..
Have to agree. SLT is a good company, but we are living in an era of games and manipulations with the stock market.
What I recently read makes sense. Wall Street will instigate a stock crash so there will be a rush toward bonds. The gov't wants this....how else are we going to finance all this debt! China has already made it known they are not going to buy into US Treasuries...they're buying gold.