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Silver Wheaton Corp. Message Board

clubfoolish 2 posts  |  Last Activity: 14 hours ago Member since: May 7, 2001
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  • Reply to

    Hmmmmm....................

    by bongermain Jan 27, 2015 10:11 PM
    clubfoolish clubfoolish 14 hours ago Flag

    Hey B,
    Long time me no check in here either.

    I agree with your above assessment (of course I do, because it's been stated by the 'brains' of the outfit here that we're lovers). lol children.

    I haven't bought any add'l on this latest hit down to $2 last Fall, but my Mom has been. She started accumulating more when it dipped under $3.25 --- bought a bit at roughly 3.15, 3, 2.85, 2.70, 2.55, 2.40, 2.25, and unfortunately stopped there. I should have been buying then as well, but i figured my 25k at an avg of 2.4x is good enough for the next ride up.
    My Mom's avg is now under 3.6x, and it's only that high because she bought some at 5 and 6.

    A shame...I used to be up some ~500% on this (which is now up only ~25%), and 800% on my SLW (which is now only up 160%). I believe it'll get there again within 1-2 years, and can stand on my head longer than that if need be.

    anyway, ciao!

    Sentiment: Strong Buy

  • Reply to

    Hmmmmm....................

    by bongermain Jan 27, 2015 10:11 PM
    clubfoolish clubfoolish 14 hours ago Flag

    I should add here that although I refrained from buying any more miners last year...I *did* capitalize on the paper-driven selling pressure hit to physical silver by accumulating more stack.
    now have just around 7000 ozs safe and secure.
    If they manage to drive it under $16 again, I'll trade more fiat for more real physical money on every artificial hit.

    Sentiment: Strong Buy

SLW
22.97+0.720(+3.24%)Jan 30 4:02 PMEST

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