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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
Comment by piece-of-eighton Jul 14, 2008 1:28pm
259 Views
Post# 15290276

RE: dividends vs. buybacks - which is best in the

RE: dividends vs. buybacks - which is best in the

"Are you sure you are not a shorter trying to prevent a dividend increase?"

You've got to be kidding.  Have you ever seen a short seller write a long and well reasoned message like the one I posted?  And more to the point, you missed my point.  When a company has the ability to introduce buy orders of 200,000 to 500,000 on a few days in a row that would create a gigantic short squeeze and do just as much damage to the short sellers.  The buyback would teach them a bigger lesson.  The dividend comes on a specific date announced weeks or months in advance, giving short sellers perfect ability to position against the date of record.

No sir or madame, I'm not a short seller and you are frick-in paranoid.  The logic of what I wrote is clear and it would have an impact to reduce short selling.  The only open question is if it would be worth doing, and if someone can possibly come up with a reason why the dividend would work better as is.  I don't think you have made a convincing argument in favor of the dividend, and the main reason is that the dividend can be avoided by the shorts anyway since it's a date of record issue they simply jump around.  Compare that to an ambush by company management using a larger buy-back pool

I'm also amused that my original message has ratings that show people are posting fives and ones..... someone long and someone short posting rates.  Why?  Well, my message is one that actually introduced a real conversation.  So, the board has to line up, and either attack or support it.

Sad.  Really sad.

Bullboard Posts