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Silvercorp Metals Inc. T.SVM

Alternate Symbol(s):  SVM

Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential. The Company’s strategy is to create shareholder value by 1) focusing on generating free cashflow from long life mines; 2) organic growth through extensive drilling for discovery; 3) equity investments in potential world class opportunities; 4) ongoing merger and acquisition efforts to unlock value; and 5) long term commitment to responsible mining and ESG.


TSX:SVM - Post by User

Bullboard Posts
Post by ConorBuffeton May 31, 2011 8:56pm
379 Views
Post# 18652759

Profit taking?

Profit taking?I think its just profit taking on the swing trade.I bought in at $10.47 and I'm waiting to take my profits much higher.I bought in because on the chart it was on the bottom of the weekly slow stochastics.When its on the top of the daily slow stochastics I'll take profits and maybe do a quick short .Then I'll buy in long again.Its a traders market now.This is a sideways market for the time being but I think it will tank this summer.One piece of advice join www.philsgang.com for a month and you"ll have a better understanding of playing this rigged game.glta.
Bullboard Posts