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Pan American Silver Corp. Message Board

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  • seasonedspec seasonedspec Jul 21, 2008 12:46 PM Flag

    Silver & It's Swings

    tjirish,

    If you like to trade, I think that you'll find that HL is a little more volatile than PAAS. I'm not particular; I frequently trade each of them. SS

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    • I have heard good comments about HL and SLW. I just don't like trading in stocks that trade under $15. Not saying it's bad idea. I have gotten burned though before. The lower the pps more chance for manipulation. I rather be long but commodity stocks are like elevators after the runups last few years. Especially in this market where if you gain a decent profit take money and run. You have to try and determine when to get on and off the elevator. I think PAAS could runup to $40. But I do like the company. My rock bottom buy price on PAAS is $29.50 and it's $37.50 on GG. I missed PAAS at $29.50 but liked it in mid $33's so I bought back in after the most recent selloff last week.

 
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15.27+0.06(+0.39%)Jun 24 4:00 PMEDT