NYSEAM:SVLC - Post by User
Post by
daytona2on Mar 05, 2011 12:05am
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Post# 18236644
warrants
warrantsIt could be the warrants they expired on dec 25, or so. if you were a firm that exercised the warrants at .65 cents and you had say a million or so you could be sitting on 2 million now, and take some profit. The stock started out good today, but it doesn't make sense why such a reversal. They or someone didn't want to see this stock go up. Why would you pound it down so hard ? I believe the news on la joya will be very good and i think their is a pea due out on st elena updating it with the new metal prices. Early next week i expect news with pdac on.