RE: Price target $14.30Looks like an almost perfect head and shoulders bottom ...in the "old market".
The "new market" has begun in earnest with the FOMC ended, options expiry ended and Obama's speech dissected.
SVM has had some very good news since the beginning onslaught to add to the momentum of the new leg of the silver bull that will startle a lot of "pundits" to the upside. I'm looking for a 50% increase for SVM above the last high around $13.50...which is about $20...by mid March latest. There are some pretty big players invested in this stock. They made $ just shorting it and they will make huge dollars now long of it.
If silver takes off like some are predicting into mid March to well over $43 .. all bets are off as SVM is leveraged to the "new market" like a sling shot.
I believe we have turned a corner here and will not believe what the pirce of silver will be by end 2011.