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Silver Wheaton Corp. Message Board

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  • scottysmoosh scottysmoosh Mar 5, 2011 1:45 AM Flag

    SLW $29 to $44.50 in weeks - I'm Out!

    Picked up some march 55s today on a whim. If anything of significance happens in Saudi Arabia it will definitely be a gamble that pays off.

    Stepping out now seems a little premature. If you were that worried you could just put some tight stops to protect your gains...

    I don't agree with the sentiment that "there is nothing wrong with taking profits"... It's like using the argument that getting 1 dollar and 10,000 is essentially the same because both are profit. It doesn't make sense to take 1 dollar over 10,000 dollars, and it definitely doesn't make sense to sell a hot stock with a tremendous upside opportunity and minimal downside risk.

 
SLW
25.33-0.27(-1.05%)Aug 31 4:02 PMEDT