RE:Not too many sellers at this level.Getting a bump now.....Good call. Understand I was looking at what will happen if the banksters succeed to kill the price of gold silver over the next several days. If that happens I think any kind of very short term rebound in the stock will short and price will go sideways at best. If they can keep prices weak till the end of the month, another attack can be expected with futures expiry.
There is nothing happening in the markets to trigger the price action today. Today has got to be the umpteenth time in the last several weeks that the price has been hammered in silver. Each time the price of silver has recovered just enough to keep the price in a sideways trend. This trend is not good for the metal stocks. Except for a few isolated instances, mostly in Newfoundland, they have been selling off the whole time. Daily Volume in the shares has dried up significantly and when sellers come in it hits prices hard. One thing to look for is the dollar index selling off. Silver is exceptionally sensitive to its price. Should the dollar weaken it will make it harder for the banksters to achieve their goals. Of course it is the banksters who are in control of the dollar/interest rates also!!