NYSEAM:SVLC - Post by User
Post by
inseon Dec 01, 2014 5:43pm
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Post# 23183146
SVL Price:$1.45 Change:$-0.01 (-0.68%) Volume: 340,311
SVL Price:$1.45 Change:$-0.01 (-0.68%) Volume: 340,311The fundamentals for Silvercrest Mines as a company are solid. But what is going on with the share price? We are essentially trading at 52 week lows with today's market price sell order, hitting an intraday low of $1.31 (breaking the previous November low of $1.40) before closing the day at $1.45.
HUGE up day for precious metals today. HUGE.
GOLD UP OVER $44 / SILVER UP $0.88
So why is SVL DOWN 0.01 (-0.68%) today?
After looking at other "quality" names in this space on this day:
FVI (Fortuna Silver Mines) Price: $4.78 Change: +$0.32 (+7.17%) 52WK LOW $2.71
EDR (Endeavour Silver) Price: $3.19 Change: +$0.19 (+6.33%) 52WK LOW $2.75
SLW (Silver Wheaton) Price: $24.21 Change: +$1.63 (+7.22%) 52 WK LOW $18.92
How the F_ _K does SVL trade DOWN today and how the F _ _ K are we essentially at or near 52 wk lows?
I am so irritated right now and had to get that out of system. F K.
Thanks for listening. Go SVL. Still long and strong. But days like today really test even the most loyal shareholders like me.