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

To: Umunhum who wrote (21896)	5/12/2010 12:50:52 PM
From: maxncompany	1 Recommendation Respond to of 50397

SLV may be, not silver.

To: Umunhum who wrote (21896)	5/12/2010 2:48:29 PM
From: SliderOnTheBlack	7 Recommendations Respond to of 50397

..............re: Silver & Silver Stocks................ Has anybody else noticed that Silver is not too far from an all time high?: Yet the blue chip silver miners are not even close SSRI less than half its all time high of $48.16 PAAS around 63% of its all time high of $44.10 Message #21896 from Umunhum at 5/12/2010 12:25:03 PM =================================================== Many of the high debt silver miners suffered from share dilution used to fund operations during the collapse of the price of silver, as well as managerial and/or production hiccups, post the original March 2008 all time high for Silver. SLW/Silver Wheaton with their unique hybrid royalty model, being the exception... SLW/Silver Wheaton has been my favorite mining stock since the market collapse of 2008. Some of you may even remember me being trashed for "pumping" such a loser back in late 2008 when I was preaching the beauty of SLW's hybrid business model. This was the moment of truth for SLW, where we saw a massive high volume reversal and a break out from it's downtrend... Message 25213050 To: SliderOnTheBlack who wrote (13672) 11/28/2008 12:08:50 PM And just days after that breakout, someone made a massive call option bet on SLW... Message 25221332 From: SliderOnTheBlack 12/2/2008 1:51:16 PM 27,101 March $5 SLW Calls bought today By Rebbecca Darst "Bullish moves for silver stocks in Tuesday's modest recovery bounce sparked directional demand in contracts of Canadian ticker Silver Wheaton. Options in the Vancouver-based company, which derives 100% of its earnings from the production of silver, are trading at 9 times the normal level as shares advance 3% to $3.05, owing to a large opening position in March $5 calls, which traded for about 70 cents apiece." SLW Mar 2009 5.0000 call (OPR: SLWCA.X) Last Trade: 0.70 Trade Time: 1:27PM ET Change: Up 0.10 (16.67%) Prev Close: 0.60 Open: 0.60 Bid: 0.65 Ask: 0.70 Day's Range: 0.55 - 0.75 Contract Range: 0.49 - 6.80 Volume: 27,101 Open Interest: 8,701 Strike: 5.00 Expire Date: 20-Mar-09 Nice re-load opp in SLW here. Mo Hi-Ho Silver Wheaton later, SOTB ========================== Message 25222572 From: SliderOnTheBlack 12/2/2008 9:01:01 PM "John Najarian of OptionMonster.com was on CNBC's Fast Money and SLW was his featured pick. He cited the huge call volume that was noted in the Real Money article I posted about earlier today. SLW traded 9.1 million shares today vs. 5.9 average daily volume. After the September & October hedge fund liquidations it's been rare to see a PM stock trade over it's average daily volume, unless it's on one those -500 point down days in the DOW. Those 27,000 call options and this volume set off a lot of bells & whistles TA screens. Most PM stocks are now +50-100% off their Oct/Nov lows. And SLW is only +25% off it's lows. So you've got .60 cents downside to it's ytd lows, and $1.30 upside just to it's November highs of a couple of weeks ago. That's 2:1 upside to downside in the near term. There just aren't any quality PM stocks left with this type of risk:reward. It should be an easy buy & hold double by spring. And it's been a pretty good trader over the last few weeks for those so inclined. "I think this is potentially "the best" of the remaining PM laggards." With today's volume, and with the option activity noted by the media, it could easily get some momentum players piling in." ============= And what a laggard trade it turned out to be: + 700% and 6 x outperformance to the HUI index, and 8 x the move of silver itself. ============== That trade of 27,000 calls on the $5 SLW March options didn't turn out too bad either, given that SLW traded into the upper $8 dollar range when those options expired. I often get asked: If you could only own one PM stock, which one would it be? My answer hasn't changed from late 2008, to today... Message 26495373 From: SliderOnTheBlack 4/28/2010 2:22:15 PM "SLW is still my largest holding..." SOTB PS: Jim Puplava has 3 interviews with SLW's CEO Peter Barnes posted on his site, you can access them here: Financial Sense Newshour Interviews With SLW's Peter Barnes And here's SLW's presentations from the BMO and Raymond James Investors Conferences: silverwheaton.com Silver Wheaton has outstanding management, a unique royalty model that is a literal license to print money at these price levels for silver, and it has tremendous growth prospects. Keep SLW atop your buy list on any & all corrections.