Looks like the dollar is having a tough time rght now against other major currencies, and I think most have bought into the hype that the gold and commodity run is over. It would be nice to see more volume, and some short covering. Not quite sure what the short position in AUY is?!...
* What we need for AUY to move up significantly is definitely higher ROE. If both net income and cash flow continue to improve by the same margin as Q1 then I think the institutionals will be all over AUY and that's what would move Yamana, certainly not the retail day traders that flip flop constantly. I'll wait to see Q2 results though before I get too excited about AUY lol. I want to see consitency.
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