I know SF is fast and loose pennyBut even fast and loose gold penny stocks go up when gold rallies for 9 days. Or should go up too.
We know all the reasons SF is a penny and this low, so bashers save your breath.
I'm just saying the obvious which the brokers trading SF don't seem to care about. They set the bid and ask after all. SF has silver in its name, only 38 million shares outstanding, some hyped PRs, if admittedly not the swiftest management around, (but what else is new about pennies), and still the price doesn't budge but actually falls.
A lot of the pennies are like that still, and like watching grass not only growing slowly but reversing their growth. I guess afraid of the heat wave or something.
True, ETFs have hurt penny mining stocks, but they don't have metals in the ground to really capitalize on in the long run. Only mining companies have that. A lot of the ETFs aren't even audited or are fast and loose with the audits, and who know what they really have as basis of them, which is suppose to be metal stockpiles.