GREY:SWYDF - Post by User
Post by
CravenRaven101on Sep 26, 2011 4:22pm
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Post# 19085522
Macro-nomics
Macro-nomicsare at play with any and all junior mining and O&G... there is LOTS of cash out there sitting on the sidelines waiting for something positive to signal that it's okay to get back in the water... LONGS here ... are not wrong... and shorts... can make a few bucks... BUT until the banks (on a global scale) can instill a sense of solvency to global currencies... folks are not quite sure if their Dollar, or Euro, Yen, etc... is going to have the same value tomorrow as it has today...and by extension whether a loaf of bread that cost you 2 bucks today.. will be 2 bucks tomorrow... it doesn't help that a Major US banker is telling OTHER Global banking heads that increasing currency reserves is "un-American"... WHAT GLOBAL BANKING policy has to do with being "American" I'm still not sure...
In any case SWY could BE firing on all cyclinders... there could be nary a complaint about SWY timing, reserve potential, NEW discoveries, any number of positive fuzzy warm feel good news releases and the stock price would still suck... JUST pull the covers over your head and go back to sleep until the "experts" decide whether the global economy is having an allergic reaction or a case of pandemic influenza...
WE should all know by Dec 21 2012 :oP
it's my opinion git yer own.