I have to believe that SVM is as good a miner as any out there. and for the real value, 3 dollars has to be a good bargain. these low prices are so ridiculous its like a separation from reality.
SVM was so much higher in 2011 /2012.... I don't need it to be a 12 dollar stock , but 2 dollars? 3 dollars? its ridiculous.
Now I fully expect to see IF SVM rallies a little higher , between 3.60 and 4 dollars it will get naked shorted again, trying to slam it all the way back down. It will be the Most important time in many years of the chart picture, to see WHERE the price falls down to, how far down next time.... will it get sent all the way to last years bottoms again or will it hold support where it 'should' , technically, in the 2.65 - 3 dollar zone.
Look today....Any excuse to slam down the miners.
Look how it rallied back to exactly 3.00. Are we playing in a real market?
The Gap at 2.65 area is a telling price point for me. Lets watch and see what happens there.
In a real rally, SVM should blast back higher immediately in the coming days. and perform like all the other silver miners. look at EXK. its not any better than SVM.
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