What I saw on Reuters was SLW earned .13/share w/ expectations of .14. From the report on SLW's site, if I recall it was .13 undiluted and .11 diluted.
The stock was in a down-mode all day.
BTW - what happened w/ miners. I left this morning and things were generally up a bit. Now they're showing almost everything got beat down but POG was up slighly for the day.
If I had to guess, I'd say people are selling off mining stocks in anticipation of a drop in POG due to the Fed.
2 comments:
Who knows how it will get spun Joe? Metals and their mining cousins are waiting for the fed I think....
Hope you nailed it!!
What I saw on Reuters was SLW earned .13/share w/ expectations of .14. From the report on SLW's site, if I recall it was .13 undiluted and .11 diluted.
The stock was in a down-mode all day.
BTW - what happened w/ miners. I left this morning and things were generally up a bit. Now they're showing almost everything got beat down but POG was up slighly for the day.
If I had to guess, I'd say people are selling off mining stocks in anticipation of a drop in POG due to the Fed.
This is getting very annoying.
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