This little piggy cried wee, all the way to the bank!
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According to SLW corporate financials
http://www.advfn.com/p.php?pid=financials&btn=sf_ok&symbol=slw&sf_ok=OK
As of close today, SLW's P/E is 13.18, said to be around 70% of the current sector average. At 26 and 52 months ago, SLW's P/E was right around 39.
If you do not like the color green, stay away from this one.
GSPG finally showing signs of life again
What's THMR going to do next few days?
This is a great entry point for newcomers, but as for me, I'm finished cost-averaging down, now holding long to let this one run its course.
PS: SLW going green again today...I wonder if Wheaton is following Goldspring's progress too? LOL.
I like counting unhatched chickens as much as the next guy, but here's the thing: so many other miners are already hatching up single or double digits this week. And as far as I can tell, on no specific company news at all - just general dollar strength jitters and maybe that conspiracy rumor of Comex not being able to deliver on December contracts.
Seems there's a growing perception amongst investing public that Goldspring is toxic in some way. Or maybe just a case of the grass being greener elsewhere - plenty of things to invest in out there with lower risk but nearly equal potential for greatness.
IMO, the main poison killing this thing is lack of news out of the company. It's as if the company jumped into a life raft back in August and it is floating toward the rocks, but management decided to just stop paddling.
I can only figure, they want this stock back down where it really belongs, in the $.00s, where it was last December.
SLW +10% pre-market, +50% since Monday
(rumor that Comex can't fill all DEC delivery orders for bullion are driving this up ps: probably not a rumor)
Added another 155k @ .0006 just for shitzengiggels
IMHO people would literally trample Walmart greeters to get some BBDA at this price, a month or two from now.
Oil stampeders must include WRES on watch list, making another very nice move up today.
DSUP - distressed infrastructure play, been looming large on my radar screen this week, not so sure it has topped out yet.
Wow, heading for the exits - bottom .0006 or .0004??? I want to cost-average down at these prices, would hate to jump the gun.
No kidding! At $3 this is an easy 4-bagger just getting back up to last year's Dec/Jan price levels, and Baud only knows how high she goes if spot silver goes back where it belongs...
GSPG could really use someone like Silver Wheaton about now.
SLW's typical MO is to put down @ $15 million cash up front in exchange for first rights to all future silver production, they typically offer around $4/oz or so, their break-even point at that price is right around $8 spot, iirc.
Disclosure: long in both sides of the above scenario, and hoping someone from GSPG is reading this
Re: watching WFT, look at WRES too...
Both due for a big rebound if oil prices correct.
Anyone mentioned SLW yet?
It was a dud earlier this week vs. other PMs but is picking up the pace today.
"This is the wild west of pinks."
I was thinking BBDA is more like that little round turd that refuses to go down the drain when you flush, it just keeps circling the bowl...
Silver up $.60 today so far - looking like we are setting up for an amazing end of week! Go SLW!
GDX up 20% from yesterday's close, hopefully that starts looking overpriced, driving some PM investors look down here in Pennyland...
I don't even try to make sense out of PM stock behavior while the hedge fund managers are selling willy-nilly for liquidity.
Since mid August, my only PM holdings have been GSPG, SLW, and CDE, and over the last 3 months, GSPG is actually doing the best out of all three of these. But they are all looking like shipwrecks hung up on the rocks, if you know what I mean.
So the bet we are being asked to make now is whether or not the PM stocks shoot back up even faster (and much further!) than they just dropped. I think they will, but it all comes down to whether we continue on this path of price deflation (oil going under $50 next week?), or switch gears for some good old-fashioned inflation of the US$.
Good Morning BNPD investors!
Regarding Lady Pink, I wonder, am I the only investor feeling only lukewarm on this idea? If anyone at the Home Office is listening in here today, please read this and carefully consider what I have to say.
One of the first keys of business success is to do ONE thing better than anyone else. Bionic, you obviously have a genuine winner in Bionic Tonic; it is no doubt going to become THE no-caffeine, no-sugar energy drink of choice for millions of people. Of this, I have great confidence! Therefore, shouldn't we be focusing our resources on pushing Bionic Tonic further into the national limelight, instead of diluting efforts/expenditures across two product lines?
IMHO, our shared vision of success will be easier to accomplish by focusing marketing efforts/expenditures on Bionic Tonic alone.
That's all I wanted to say, keep up the good work.
Go Bionic!!!
.0008 looking good from this angle - just increased my position by another 45%. Hope this turkey flies before it gets slaughtered for Thanksgiving.
WRES any1?
WRES...
Looking like it bottomed last week, now a nice slow & steady recovery as the winter's heating demands push energy prices back up?
Is any bad news already priced into this at .35? eom
Ya, I'm a little PO'd about BBDA, mainly because I sold 1/5 of my BNPD shares late last week (in at .0004) to diversify and test the BBDA waters. <kicks self> BNPD is where to be right now.
Agreed, news is overdue, gspg shares stagnating like
the water in their unused leech pond.
Sak, I'm close to your basis on this one, .0225, going to ride this one into spring. I'm disgusted that it doesn't even follow in shadows of GDX nowadays - to much manipulation? <shrug>
You wondered about diamonds: they are not just for jewelry, used by industry for cutting/grinding/polishing hard stuff like concrete and marble. Demand/pricing is prolly slacking off a bit like every other industrial commodity tho.