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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (13772)	12/2/2008 11:39:29 PM
From: Webster Groves	Read Replies (1) \| Respond to of 50058

SLW The business model of SLW seems structured more like a hedge fund and less like a miner. They take options positions, putting money up front, to get future access to silver. In a bull market for PMs they make money. In a recession or worse with silver falling, they lose quickly. They own nothing but contracts. The counter party risk appears to be ignored in these contracts, however, especially considering that SLW deals with miners who need cash now. OTOH, they are free from labor worries, mine disasters, and governmental regulations and controls (as long as their counter party holds up his end). So treat SLW like a miner if you will, but it looks more like a commodity broker at best to me. wg PS - Of course I'll play; whatever the market wants. But for a real Ag miner, look at PAAS - the Rodney Dangerfield of the industry.

To: SliderOnTheBlack who wrote (13772)	12/3/2008 10:12:52 AM
From: SliderOnTheBlack	3 Recommendations Read Replies (1) \| Respond to of 50058

Well we got our "DNA Test" gap up open in SLW... Those who were already in -- got a chip shot putt opportunity to take "some" trading profits off. And with SLW still up and green on a day that PM's are down, and down hard... we're now getting a pullback for those who weren't in, to enter...and for traders to re-load. If this market hasn't taught you "patience" yet, nothing ever will. What's working and what's not? You must continue to sell into, and take "some" profits off into ALL gap up opens. And you must continue to buy into all gap downs and double digit weakness. You can NOT chase news, or trends....opens, or closes. This is a market environment that continues to reward ANTICIPATION and punish REACTION. And this is STILL a counter-puncher's trading environment, with trading being the keyword and concept. The HUI gold stock index hit resistance at HUI 250 as expected... more on that later. SOTB

To: SliderOnTheBlack who wrote (13772)	12/4/2008 12:51:33 AM
From: RyanE.	12 Recommendations Read Replies (3) \| Respond to of 50058

Everytime the volume spikes up i.e. slw, there's always posts about "buyout coming" or "there must be big news" or "major trend change coming" and so on. Folks, believe it or not, there are some newsletters out there with some large followings and a reco on a particular stock or option can easily generate the type of volume that just occured in slw options. Pull up a chart of pmu and look at Sept. 26 of this year. See the volume? Yep. It was a reco in a newsletter. All the posts on the message board were the same hopeful comments of "good news coming" and so on. When you see monster volume in a stock and there's NO news, you've GOT TO START THINKING that it was simply a reco in a newsletter and STOP thinking that there's big news coming, etc. Food for thought....