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Silver Wheaton Corp. Message Board

richardaspinwall 180 posts  |  Last Activity: Oct 31, 2014 9:23 AM Member since: Oct 6, 2005
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  • richardaspinwall richardaspinwall Oct 31, 2014 9:23 AM Flag

    yeah, but isn't that already priced in when it trades at 10x revs?

  • richardaspinwall richardaspinwall Oct 31, 2014 9:07 AM Flag

    i am waiting on the next aapl "new product introduction day" to be announced. in thinking that could be their camera announcement, i will buy puts just to see if what happens. i love watching this thing trade. 10x sales is a bit of a stretch. i wish someone would buy my business for 10x sales. retire if they did.

  • richardaspinwall richardaspinwall Oct 31, 2014 8:45 AM Flag

    god i recall the late 90s and internet stocks. FROTHY. this one is too, that's y i stay away. i have heard that AAPL is introducing a action camera of their own next year. that's probably when you see the froth disappear. until then, i am just watching the action.

  • richardaspinwall richardaspinwall Oct 31, 2014 8:23 AM Flag

    why then would amazon sell ipads when they have kindles, why then would Walmart sell P&G products when they have their own private label products....its simple, they want to make money now and they do not have their own action camera product to sell yet. i am not trying to bash gpro as i have one myself. should be interesting to watch it play out though.

  • I have heard from a source within that apple will bring out a IPro camera next year...Who knows what that will do to margins here. Should be interesting to see though. Stay tuned......

  • Reply to

    Congratulations Richard

    by rxfser Nov 26, 2013 8:38 AM
    richardaspinwall richardaspinwall Nov 26, 2013 9:46 AM Flag

    Hey man, still here. Just watching this now. I kept saying the technicals were telling you something. Oh well, I think this joker goes single digits.

  • I would say the bottom is in here. I got lucky and bought the jan 2015 calls back in july when the stock was in the 18s/19s. I am in the 28s, 30s and 33s for jan 2015. that 22.00 region is pretty important to hold as support. I don't think any investor needs to look at anything other that simple ECON 101 supply/demand. There are other world issues that would take SLW up but I am not looking at those. With a massive project such as Pascua going offline for the foreseeable future, there goes all that supply. My belief is with economies around the globe somewhat stable, demand should stay flat to increase over the next year or two. That should send silver prices higher. We will see if I am correct. got plenty of time to see.

  • Reply to

    Someone Should Ping Richard

    by rxfser Nov 4, 2013 10:41 AM
    richardaspinwall richardaspinwall Nov 4, 2013 10:51 AM Flag

    hey RX. yeah, it is turning. I got a volume alert a few minutes ago on the stock. someone went in with a million plus share purchase. funny. I think it goes to 18 short term. may even consider buying some on the long side. I don't want to be in this stock through earnings though. don't know it well enough to hold it and feel confident thru the earnings. I sold all my ford options last thurs/fri. stock has been struggling lately so I took profits. got lightly back in to FTNT and loaded up more on TTWO for my new trades. bought 200 of each of jan 2014 calls for TTWO across 14-18 strikes. think its going to run to the 22 area. holding most everything else even that #$%$ jdsu trade.

  • richardaspinwall by richardaspinwall Nov 4, 2013 10:40 AM Flag

    Was close to calling it. U guys will probably make a bit between now and the new year. I think it runs to 18 here soon. buy TTWO if you want to make more.

  • Reply to

    NO BOTTOM HERE, SOLD SHORT

    by zachperonio Oct 31, 2013 7:17 AM
    richardaspinwall richardaspinwall Oct 31, 2013 2:33 PM Flag

    I made my money here Zach. not sure I would short here. I am on record as saying that 15.58 is the short term low. I think this stock probably rallies up to 18ish soon. I don't with it though. look at TTWO, FTNT. they both should go higher in to the end of the year.

  • richardaspinwall by richardaspinwall Oct 31, 2013 2:25 PM Flag

    actually made really good coin on this trade all around along with the short from 19. still holding some Apr 14s but not many. they could exp worthless I don't care at this point. if nothing else those who are long should get some kind of bounce here. if I were long, I would probably sell when stock gets around 18. I have to believe that today is the blowoff bottom for a few months at least. we will see.

  • Reply to

    Tomorrow....

    by richardaspinwall Oct 30, 2013 3:24 PM
    richardaspinwall richardaspinwall Oct 31, 2013 10:40 AM Flag

    i got lucky on silver wheaton. bought almost at bottom in early july the jan 2015 28 calls. it had a hellava run after i bought it. sold some on the run up then bought back more when it pulled back in sept. didn't get the oct bottom but i feel its going to be higher by jan 2015 as long as fed reserve keeps easy money out there it should track higher. lot depends on silver prices getting out of the gutter too. SLV looks to be trying to bottom here around 20ish. may play there soon.

  • Reply to

    Tomorrow....

    by richardaspinwall Oct 30, 2013 3:24 PM
    richardaspinwall richardaspinwall Oct 31, 2013 9:35 AM Flag

    honestly could care less. just share trades from time to time. got in Williams back in late july. stock was in 34s. got an alert from a options trader friend of mine that someone had bought a block 5000 jan 2015 35s wmb. i bought two blocks of 500 contracts 1 at $3.20 and 1 at $3.25. i will add to it if the stocks comes back to 35 over the next few days. now i have to work my way out of this bad jdsu trade. gonna be stuck with some stock and going to lose my shirt on some options. shot happens.

  • Reply to

    Tomorrow....

    by richardaspinwall Oct 30, 2013 3:24 PM
    richardaspinwall richardaspinwall Oct 31, 2013 8:03 AM Flag

    hey green. i do not pay much attention to where the dow, daq or amex close numbers wise. if you look at the breadth of the market it has not been very impressive recently. the markets have been lead higher by a select group of large caps. i think a lot of your small and mid caps will now move higher going in to the end of the year. whether the markets set a new high numbers or not, i dont know. i prefer to see a 3/1 ratio of adv vs decliners and i believe that is about to occur over the next 2/3 months. i can tell you one that will be down today.....JDSU. i will be adding to a lot of my call and long stock positions today and tomorrow betting that the market moves higher.

  • Reply to

    JDSU

    by richardaspinwall Oct 28, 2013 1:00 PM
    richardaspinwall richardaspinwall Oct 31, 2013 7:51 AM Flag

    hey pig. yep, gonna take a 45K loss on half of these. will take the other half as stock at options exp. may have to hold those shares for a few qtrs. to recoup my losses. I sold the FTNT options the day after earnings. made 7% for a quick overnight trade. I have plenty of other options working the right way for me. check out SLW, F, WMB, TTWO. Ive got these out to Jan 2014 and Jan 2015. plenty of time for these to march higher. Gonna clear rest of my nuan puts today and/or tomorrow. think some of these beaten down stocks are about to turn for last 2 months of year. goog luck.

  • richardaspinwall by richardaspinwall Oct 30, 2013 3:24 PM Flag

    Ok. everyone feeling good over here. I cleared most of my puts yesterday and today. Studied some charts all day yesterday. Wont bore everyone but i think a bottom is in. Will clear the rest of my puts tomorrow. I think tomorrow is the bottom for the market until the new year. Nuan may briefly set a new low tomorrow or Friday. I think it turns after that along with the market. I am loading up on calls on F, TTWO, WMB, JDSU (been buying these today), YHOO, SLW, FTNT again, and about 10 others. I think there will be serious cash made between Monday next week and 3rd Friday in Jan. best of luck to all.

  • richardaspinwall richardaspinwall Oct 30, 2013 10:19 AM Flag

    what you meant to say is they are both heebs. ican will get on him. looks like a lot of this may be option manipulation setup for this Friday. trying to shake a few boogers lose. I think it will be mid 20s by January. I am long the jan 2014 16,17 and 18 calls. good luck

  • richardaspinwall by richardaspinwall Oct 28, 2013 1:00 PM Flag

    I did just buy another 100 nov 14s and 100 nov 15 calls. just playing it around earnings. if it pops after earnings will probably sell. I have 300 contracts of each. someone has a nov 18/20/22, 3000/6000/3000 butterfly on JDSU. the traders that do these butterflies are usually spot on. time will tell

  • Reply to

    Richard

    by rxfser Oct 25, 2013 11:18 AM
    richardaspinwall richardaspinwall Oct 28, 2013 11:31 AM Flag

    I am just sitting in cash plus the options I already have. I think these MMs are wanting to pull this market back in November so they can run it up in dec/jan. I am hoping Ford comes down to 16.75/17 area. Gonna buy lots more calls across may strikes for jan 2014 and 2015 if it does pull back. I think Europe has bottomed for ford thus giving them some room for upside earnings surprises throughout 2014. wall street always likes upside surprises. will most likely buy the 13s up to probably 16s. just depends on what kind of time premium are in the options. also, one you may want to look at is WMB. I own 1000 of the 2015 35s. bought them at 3.25. I think you buy those on any pullback. when WMB breaks above 38, I think it runs to 45 pretty easily.

  • Reply to

    Richard

    by rxfser Oct 25, 2013 11:18 AM
    richardaspinwall richardaspinwall Oct 28, 2013 10:48 AM Flag

    Gotcha. Pretty funny as I was in genworth awhile back. already traded out 12.75. I had bought it back in june for a trade. made 20% and moved on. haven't been watching it lately. should probably continue to run assuming the real estate market continues to strengthen. will watch it but probably wont get back in.

SLW
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