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re: Anyone buying SLV?
Posted on 5/30/14 at 11:32 am to Iowa Golfer
Posted on 5/30/14 at 11:32 am to Iowa Golfer
For those of us like me that think SLV is a buy under $18.50, today should be buy, buy, buy now that it's under $18.
I got greedy earlier this month and lost half my gains made in a couple days. I'm jumping back in. Got in a little early today at $18.11.
I got greedy earlier this month and lost half my gains made in a couple days. I'm jumping back in. Got in a little early today at $18.11.
1
Posted on 5/30/14 at 1:38 pm to ynlvr
Long calls are actually up today. Yes, I think $17.99 SLV will make money. Probably within 90 days, but eventually it will be a profitable trade. Silver is higher than most miners all in costs right now. It is a sure thing, just not sure when and how large of a profit there will be. Miners will just shut down mines. Happens a lot in the silver game.
It makes SLW a very interesting long term play also. Decent yield, and decent book value and tangible book value.
It makes SLW a very interesting long term play also. Decent yield, and decent book value and tangible book value.
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