Silver Wheaton (SLW) NewsBite - SLW Falls on Silver Futures

Tue. September 30, 2008; Posted: 02:45 PM

Sep 30, 2008 (Fresh Brewed Media via COMTEX) -- SLW | Quote | Chart | News | PowerRating -- Silver Wheaton (NYSE: SLW | Quote | Chart | News | PowerRating) opened at $8.26. So far today, the stock has hit a low of $8.00 and a high of $8.49. SLW is now trading at $8.30, down $0.32 (-3.71%). Over the last 52 weeks the stock has ranged from a low of $7.65 to a high of $19.54. SLW shares are trading lower with other silver shares today, hurt by lower silver futures. Technical indicators for the stock are bearish and S&P does not currently have a STARS rating for SLW. If you are looking for a hedged play on SLW the stock seems like it could be a candidate for a November out-of-the-money bear-call credit spread above the 10 range.

ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

For full details on Silver Wheaton Corp (SLW) click here. Silver Wheaton Corp (SLW) has Short Term PowerRatings of 4. Details on Silver Wheaton Corp (SLW) Short Term PowerRatings is available at This Link.

More News: Market Updates | Stock Alerts | All Trading News | Stock Index

Archives

Feedback

Email Article Link

Close X

RELATED SITES

Please call 1-213-955-5858 ext. 1

All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.