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Silver Wheaton Corp. Message Board

  • whatweworry whatweworry Mar 16, 2012 12:10 PM Flag

    why the drop in SLW today?

    PM's nowhere near recent lows but SLW punches through previous 33.09 low.

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    • It means silver will be hit on Monday, according to Harvey Organ and GATA's theories. Let's see on Monday.

    • Cash is King. Deleverage of huge debt has a long way to go. SLW has huge cash flow though, and very little debt.

    • Because the chart looks ugly... All day we are making higher lows and lower lows..and the 10 wk chart looks really ugly too...

      I'm beginning to think ydm maybe right about the earning...

      • 1 Reply to shenjee
      • Earnings are going to be great, earnings going forward reflect paper silver prices and are subject to the whims of outrageous manipulation.

        Poorer mining results augers for better deals, but a deal is a dilutive event until cash begins to flow. Heretofore, cash has flowed almost within days of the announced deal, by judicious timing, non events that are accretive. Surely Barnes who is still advisory to the board, is whispering that very tactic into Smallwood's ear.

        Understanding the tactic, shareholder friendly acquisitions of streams almost instantly with streaming flows incoming, and actually being able to accomplish are the things that make SLW dicey.

        This is a new administration after many years of burn em up Barnsie.

        Price degradation in the wake of flat silver, the auspice of a gold correction, idiotic adherence to charts by the herd (a formidable obstacle, tools that use you instead of vice versa) and the Fed with its thumb on the wheel makes for sleepless nights.

        Which is why, when I want to preserve a corps position through weak spots, I sell covered calls and let the time premium and degradation along with share value travel side by side.

        Until that doesn't work anymore, and yes, it certainly doesn't every time.

24.44+0.03(+0.12%)10:27 AMEDT