Silver Standard Resources Inc SSRI

guess i should have waited

[sicnarf2]

the FED interest rate rise possibility is KILLING pm s.

[zwalker]

I said the same thing twice, and now I have a extra 800 shares to my collection. Given the talk about possible interest rate hikes at the end of the year in the US, I am not sure who will benefit with that. Too many people in debt, and having rates go up won't be good for most people - we will see. I will be surprise if we don't see a pick at the end of today with earning release

[ch08532]

Long term those 800 shares will make you money.  I'm still holding my 6K shares and probably should have take some cash off the table on the run up to $10 but I didn't. I'm happy with my position in the 7's.  One thing about this stock it moves pretty fast ...up or down.  This is due to the low float available.  Can't  see the company diluting

[zwalker]

Thank you for your input ch0532. I agree long time term SSO.T will go up, and they definitely move pretty fast up and down. I understand gold/silver prices have taken a hit this past week and half, and it can move up pretty fast with good news and prices going up. I may pick up a few more shares today, and average down a bit more.  :-)