Silver Wheaton Corp. (USA) (NYSE:SLW)

CAPS Rating: 4 out of 5

A mining company which operates its revenue from the sale of silver. The Corporation is actively pursuing further growth opportunities, primarily by way of entering into long-term silver purchase contract.

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Player Avatar DayTraderScott (20.88) Submitted: 11/13/2012 6:59:56 PM : Underperform Start Price: $38.23 SLW Score: +77.31

i actually love the future prospects of this company as a silver bull. but in the short-mid term i believe this stock is WAY overbought and that the share price is not justified by the current spot price of silver. this company is very profitable and doesn't have the inherent risks associated with silver miners...only all this seems to be priced into the stock. or another way to put it i think much higher spot prices are already being "priced in" to the stock and thus even on days where the spot price goes up i could see slw going down or being flat at these prices. i would love to see this at 25 again.

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