% | $
Quotes you view appear here for quick access.

Silver Wheaton Corp. Message Board

  • llllorac llllorac May 12, 2013 8:18 PM Flag

    Short trade becoming crowded...

    As I stated in a previous post, I'm not a trader. I do consider the recent metals weakness to be positive for SLW 's longer term business plan. I do consider myself a disciple of the contrarian theory however. It appears to me that we are at the most bearish consensus on the metals we have been for years. This may be valuable to those of you who are traders . I must add the caveat to NEVER USE LEVERAGE.... My 40+ years of investment experience has taught me this through my own experience with it. You can be right 9 x in a row and wrong the 10th time and wipe out all previous gains. Needless to say, few are right 9 x in a row to begin with. Younger investors think they have lots of time so they can afford the extra risk. I say, it does no good to keep starting over.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
27.25-0.29(-1.05%)Sep 27 4:02 PMEDT