Americas Silver Corp fka USAPF

[permabear]

I haven't posted here in a while. I haven't kept up with the posts here in a while. I'm one of those who warned what a reverse split would do to the stock price. This still may work out in the long run, but more often than not reverse splits degrade the value of a stock.

The price of silver and company's performance will ultimately determine the value, but I'd say we've lost at least 20 percent already based on the announcement of the reverse split.

Looking forward we are in the usual summer doldrums for precious metals prices. The biggest seasonal moves of the year occur in the August/September time frame. Hopefully the company will keep moving forward producing silver and making a profit. Once silver starts moving again, we should make out very well.