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STILLWATER MINING COMPANY SWC

Metals & Mining Industrial Metals & Minerals
"Stillwater Mining Co develops, extracts, processes, refines and markets palladium, platinum and associated metals from a geological formation in south-central Montana known as the J-M Reef and from the recycling of spent catalytic converters."


NYSE:SWC - Post by User

STILLWATER MINING COMPANY > Bad..breaking below 10 dollars
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Post by woolcoon May 09, 2016 9:47am
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Post# 24853543

Bad..breaking below 10 dollars

Bad..breaking below 10 dollars

Yikes...broke thru the 10 dollar mark...no stops till 7 RANGE...ON ALL CHARTS

I am thinking there is no good news pending. USA jobs/economy showing weak..not good for cars, etc..and company has no good news coming...and likely next quarter worse given less recycle volume, and carry forward volume like Q1 had from Q4..

I expect it shoudl fall much faster and further from here.  Long term...this is long and strong...but for next 120-180 days will be bad...

Going to lighten up 50% of holdings...and buy back in fall....any thoughts?


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