Yes...here's an idea...relax. It is foolhardy to draw conclusions from one day of trading. Another idea...buy both PAL and SWC. They will both go higher...perhaps not in perfect tandem, but they will go higher nevertheless.
Never be a stupid dellerium, losing all his money 15 times over by plowing all his money "ON MARGIN" into the peak of a bubble in 2007, early 2008, and being in denial the market was crashing the whole way down.
Diversify and dollar cost average.
I like some other sectors also, look at my solar holds for example..of which CSIQ is my favorite, compared to SWC..
meir2u, I too have been perplexed why SWC seems to have stalled today - expecially since platinum is sky-rocketing, there is plenty of good news out there , including Goldman Sachs stating that platinum will signifiucantly out perform gold.
A theory: on these boards there are a lot of us, myself included that own and play both PAL & SWC. Yesterday someone started the thing about PAL , and then the pr release about their 50l of gold for sure, etc. and I just think a lot of folks thought they can make more money swinging out of SWC and into PAL. I confess myself that I have bought more PAL than SWC and I hold both and dare not be out of either.
SWC should pick up after Fridays industrial numbers - if they are fairly good.
I was thinking the same thing about the expiration. The kicker is that a few days ago the 10’s were out of the money as well. Ergo, they are on the hook for the 10’s and the 12.50’s (as of today). I am sure they will dance around 12.50 tomorrow as they did today. Lol