I have viewed at 6-7pm few cars in parking lot and 0 in line at drivethru. breakfast all day , imho , will increase revenues and stock price should rise $20. just a better more delicious menu than the regular menu.
silver, gold, USLV all should be markedly lower, the selling momentum has dried up. no one is stepping up to buy, and shorts aren't covering, .....yet. im serious. these went lower and are now hovering. I think the shorts are looking at each other wondering " I wonder when he is going to cover shorts?" on another not, price level and seasonal chart are in perfect sync. with low likely today, or by Tuesday next week. just thoughts......
Sentiment: Strong Buy
Gg should acquire slw. After all, it was a spinoff of wheaton river gold, acquired by goldcorp. Wht bought chap mercantile and changed name to silver wheaton. I believe first price was around sixty cents.
do you not know the difference between dividend and return of capital??? every $ I got back from ggn last year was ROC
only have 28000 at ..34. this property and stock were once 10.00. I conservatively expect price to reach a minimum of 4.00 and hope higher.
I added to SLW Friday. bought 2 jrs today alexco axu and Canadian zinc czicf. anyone else do due diligence on these 2.? both seem undervalued, but maybe undercapitalized also, opinions?
i shorted yesterday near high and covered on close today. did so as a spread against long uslv. think i will take a break, someone wake me up when the bull market resumes in silver.
i sold it short yesterday near the high aand covered on the close today cuz i am cold on trades recently. so this probably means price will tumble just to prove i am an idiot.
I HOPENOT. they are paying out 18% cash to cover there small % dividend but that beats treasuies and cds. if they can maintain dividend and drop to 15% of income to pay dividend it will be more accretive to stock price and capital gains.
there were few sellers in slw friday, as verified by the 70% of avg volume in shares traded. should silver be lower when market opens monday, slw may be in a vacuum sucking prices down quickly. look at the slw/slv price spread and u will find it is at a very high ratio.
i trade futures and silver stocks. my core futures position i hold and roll over, and trade a few other contracts if opportunity presents itself. silver stocks, SLW, comprises at least 50% or more of portfolio. SIL 30%, PAAS and others the remaining portion. i liquidated SLW and all @ 26.85 basis SLW. the reason and problem is 1. comex stocks are bruensom, 2. RSI was above 80 3, SLV etf shrinking inventory, 4. open interest is rising of price breaks, and falling on price declines. All this does not bode for a price rise continuation. Elliott wave count projects silver 11.50 by october 2014. I AM NOT A E.WAVE fan. now i will wait. MY buy point to begin reentering SLW is 23.50 or below. i believe this will occur prior to aug. 1. If my timing is wrong, and unknown factors occur which support and vault silver price higher i will also add to my USLV, the triple play on silver up price. i own it since 44.00 . to be honest, if all i could buy is 2 things, they would be SLW AND USLV.
well i hope i can survive the coming brutality as most of the intelligenza on this board prognosticates. woe is me. can i weather the storm.