NYSEAM:SVLC - Post by User
Post by
scotton Sep 15, 2009 3:25am
463 Views
Post# 16305929
Hmmmmm...
Hmmmmm......Increase in volume with price appreciation, that's always a good thing if you're on the long side of the trade. I often wonder how many "investors", not traders, but "investors" held on tight to their shares during the 2008 blood bath. You know, the BIG smack down that took Silvercrest from 1.30+ to around the 20 cents level. That was a grueling fall, not for the faint of heart. For those that held on, good for you, your reluctance to throw in the towel will soon pay off BIG time in my opinion. The price has already tripled since then, since the lowly .20's. That's a good start but there is much more price appreciation to come, it's just a matter of time. I have a hunch the shorts are in a world of hurt, they are about to get one hell of a squeeze. Time will tell, I reserve the right to be absolutely WRONG...but I'm pretty sure I'm right! As I mentioned, we shall see. Scott