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Silver Wheaton Corp. Message Board

  • pwdrhound75 pwdrhound75 Oct 11, 2012 1:55 PM Flag

    Have you guys ever

    Seen "the powers that be" try HARDER to keep PM's from breaking out. . .and consequentially SLW being held down each and ever time it nears $40. When it finally breaks $41 (not if)...this stock will hit $46 in no time.

    Sentiment: Buy

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    • It is happening with all major equities. It is the hedge funds and their computers. The retail long term investor is gone and the funds take profits each and every day a good company gets a nice bounce. I beleive that they even have company 401k money timed so that when the company buys each month causing a nice lift, the computers take that money before it has a chance to earn buck for the employees. I believe it is going to stay that way and most companies are being held in a narrow range regardless of the news or performance. Until the little guy gets confidence he will keep his cash under his mattress. Government help is not there. Nothing will change.

27.21-0.33(-1.20%)12:40 PMEDT