What's up with PSLV
Posted: Wed Nov 16, 2011 7:50 pmSmall down day on low volume for SLV;
Huge down day on BIG volume for PSLV.
What do you think about this?
Huge down day on BIG volume for PSLV.
What do you think about this?
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Posted: Wed Nov 16, 2011 7:50 pmRe: What's up with PSLV
Posted: Wed Nov 16, 2011 9:02 pmPremiums on PSLV reset - I believe they are adding silver to the fund. It will re-correct again.
Re: What's up with PSLV
Posted: Wed Nov 16, 2011 11:09 pmI heard they were issuing more shares, which is the same as adding silver. Nice to be an insider huh?
Re: What's up with PSLV
Posted: Thu Nov 17, 2011 6:24 amIf I recall correctly this is not new news - I believe I first heard of the plans at least a month ago, so anyone that wanted to get out had plenty of time to do so. It will reset fairly quickly.
Re: What's up with PSLV
Posted: Thu Nov 17, 2011 1:21 pmThe premium is now restored... Still a good time to buy in if you weren't already, but the narrow window of reduced premium seems to be gone now.