Stillwater Mining , SWC (former PGMS) Message Board

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Gold/Mining/Energy : Stillwater Mining , SWC (former PGMS)

SWC 18.00

0.0%

May 12 5:00 PM EST

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To: Broken_Clock who wrote (980)	10/22/1999 4:04:00 AM
From: Sunny Jim	Read Replies (1) of 1336

Papaya, Is it possible that people are selling covered calls betting that the stock will go down and they can buy them back cheaper, or that they will be called if the stock goes up and they essentially sell their SWC for $27? Options aside, I'm just a straight long that likes the money flow we saw on SWC today. The tape looked awfully good so I bought 50% more. I had hoped we would see the teens, but with the strength in the PGMs that hope is fading fast. Also, management is addressing the production issues head on and appears to be making excellent progress so we can expect to see progressively better earnings in coming quarters.

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