Post by
agoldbloom on Mar 10, 2016 2:15pm
Silver stocks up 6-7% today, catchup to come for SSO
Even with an acquisition on the go, there's no reason for the stock to be capped under $8. Selling arbitrage has dropped signiticantly the last 3 trading days, so I suspect SSO is going to play catchup shortly. Charts say resistance at $8.50/$9/$9.50, pretty evenly spaced out, but with the action being centered around the 200 day MA, there might be more pop to it. GLTA.
https://stockcharts.com/h-sc/ui?s=SSO.TO
Comment by
inse on Mar 10, 2016 2:49pm
Totally agree agoldbloom...just bought back all my recently sold SSO shares...look to make more money from $7.70
Comment by
1crisisatatime on Mar 10, 2016 3:01pm
Not sure why we're off 10 cents with silver up all day? If we don't run with silver then when and why? Looks like a no brainer to 8 anyway.glta
Comment by
bodiggity on Mar 10, 2016 3:01pm
SSO looks like a terrific bargain here. I don't think they overpayed. These prices will not last for long.