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Silver Wheaton Corp. Message Board

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  • vilmuchka vilmuchka Apr 20, 2006 3:27 PM Flag

    Price action was predicted....

    As stated you saw it coming.
    Actually we all knew it was coming, it was just a matter of when.
    Personally I am not at all discouraged about the long term prospects of this play.
    And the corrections are simply buying opportunities.
    Cheers and please keep the analysis coming for all to read. The shorts have had their day.

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    • <<<The shorts have had their day>>

      My guess is many of the supposed shorts on here either covered before this since they were deep underwater or they added to their short and it will be about a break even. I am not a fan of going short but that is my position. If shorts have success that only comes at the expense of weak hands that sell too soon. The Pm bull is so very far from being over and SLW is so far from where it will ultimately go. Perhaps the shorts and the short term traders just keep passing the same money back and forth to each other? Matters not to me since I do not use short position data to judge my holding of any company ever. I go by the companies fundamentals. A lesson I learned well in the '90's. For the record let me add when I play craps if someone has not made a pass in 4 or 5 rolls of the dice I will "quietly" put down $25 on "any seven" that will pay 5 for 1. I do it quietly since it is a bet against the shooter and not a popular move. I never root for a 7 it is just insurance to cover all my other bets on the table including my main position on the pass line. Stock shorters that inhabit the boards or pay others to are anything but polite and quiet.

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