RE: PsychologyDoesn't matter. This thing will be back near 20 in no time. From there it's anyone's guess what will happen. Probably fall a bit because everyone will be afraid to hold it above 20 because of what happened last time it was there.
It all depends on the price of silver now. Have a look at SLW and what it did over the last 2 1/2 years if you think SVM is overvalued.