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Stillwater Mining Company Message Board

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  • daalbers daalbers Jan 25, 2013 11:36 AM Flag

    Here Comes $10 bucks

    Six months ago SWC was at $8. Six months ago Pt was at $1400 today it is at $1690. Six months ago Pd was at $580 today it is at $737. Both Pd and Pt are up today, they may go down some on Monday but the trend line is for both to continue up. SWC indicates they expect production to increase with some increase in engineering cost. Car sales are projected to increase so demand remains steady if not higher. South Africa's labor cost have gone up and their engineering cost have gone up so that some mines are not profitable and they are considering closing them. Supply and demand is indicating the price for Pd & Pt to continue to increase. Take time to find out why Wells Fargo just rated SWC as outperform.

    Sentiment: Buy

12.60-0.09(-0.71%)Oct 21 4:02 PMEDT