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Stillwater Mining Co. Message Board

  • motherwearsarmyboots motherwearsarmyboots Jan 25, 2013 10:01 AM Flag

    Here Comes $10 bucks

    'slippery willy' is headed down; investors figure this ride is over. Back to the $8 range? I will not put money in at this high level with no dividend either.

    Sentiment: Strong Sell

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    • Six months ago SWC was at $8. Six months ago Pt was at $1400 today it is at $1690. Six months ago Pd was at $580 today it is at $737. Both Pd and Pt are up today, they may go down some on Monday but the trend line is for both to continue up. SWC indicates they expect production to increase with some increase in engineering cost. Car sales are projected to increase so demand remains steady if not higher. South Africa's labor cost have gone up and their engineering cost have gone up so that some mines are not profitable and they are considering closing them. Supply and demand is indicating the price for Pd & Pt to continue to increase. Take time to find out why Wells Fargo just rated SWC as outperform.

      Sentiment: Buy

 
SWC
15.42+0.13(+0.85%)Apr 22 4:04 PMEDT

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