Why is PSLV up?

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July 11, 2011 - 12:00pm
#1
Trader
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Why is PSLV up?

SLV down over 2% and PSLV up .2%.... 

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July 11, 2011 - 12:03pm
#2
zilverreiger
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pslv responded real slow

pslv responded real slow today, its normal for it to respond sluggish to events, I had the feeling it was kept down this morning (I own it myself)

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July 11, 2011 - 4:30pm Response to: pslv responded real slow
#3
pailin
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PSLV sometimes reacts oddly

PSLV sometimes reacts oddly due to premium compression or expansion, which is independent of whatever spot (and essentially SLV) is. I noted in my trading topic that I sold half my position in PSLV at 16.85 late last week. I'm expecting to re-buy it at 16 or even lower if it's looking weak when we're back in that area. Not advocating anybody else sell (or buy), just putting it out there.

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