This is the only completely BIG PICTURE you need to know:
Ignore the noise. The fundamental has NOT changed a slight bit at all.
I am not selling a damn share. Whoever want to sell better sell it today right now. Once the selling is done wen can then move higher.
"I am not selling a damn share. Whoever want to sell better sell it today right now."
Every day is a new game for the traders. Yesterday means nothing to them. They will start the day at square zero and sell if they feel like it. It could go on for 20 days in a row if they want to.
<Every day is a new game for the traders. Yesterday means nothing to them. They will start the day at square zero and sell if they feel like it. It could go on for 20 days in a row if they want to.>
Sounds like you are describing a troop of chimpanzees rather than intelligent investors.
good ole pal .yeah lets fill the gap , consolidate , take some profits ..........bs .pal STINKS ...doent participate upswings and gets killed on down days ....come on anyone I got shs to sell at 9 bucks if so sure of pal .especially the bigmouth .Only matter of time when bad news hit and pal do its NORMAL think .down big .......stcks has benn crap for two straight weeks .....IMO see palladium correct more so and pal will be down 7% everday .then when palladium moves back up pal be down 4% ..........long and want any sucker to buy my shs at 9 bucks so get back into swc ...........hell swc has corrected and next leg up everyone buying sec and shorting pal .taken awhile but now know pal sucks and so does its crappy management . long and sorry .Added on dips in 8s .........
Anybody knows why Moody’s downgraded SWC's ratings, and what are the current PAL's credit ratings?
'In December 2007, Moody’s Investor Service lowered Stillwater Mining Company’s rating from B1 to B2. Moody’s also lowered Stillwater’s senior secured rating from B1 to B2 and senior unsecured rating from B3 to Caal.'
Tel, I suspect that Long Term, your big picture is correct, although short term news is kicking PAL pretty hard. Everyone trades with different goals. Me, I'm sold out today, after happily joining the party in the 3s; I'm concerned we've dropped under support at 8 and that we're going to drop a bit more, perhaps a good bit more. I'm guessing up and down will continue, but we are in a downtrend now that I want out of. Hope to be long again, perhaps will do some swings with ss. best of luck to all on the board. jthan
You mis-judged the trend. The trend is up, not down. The volatility is huge, which only means huge explosive rally to come. Extreme volatility to shake out the weak hands like you is a necessary step for the next big rally up. You think you sold and you could buy back lower? What if PAL directly open $2 up?
We see silver down $1 a day. Up $1.40 the next day, and then down $0.80 again, the next day could be up $2. Extreme volatility is a good indicator there is huge investment interest and that guarantees price continue to rally up.
Any questions after you see the big picture:
US dollars must be down, precious metals must go up. That is the big picture. Everything else is just noise.
Why would any one hurry to sell at the low?