Post by
ch08532 on Oct 15, 2012 10:01am
What a selloff this morning
Under $2 by end of week. Game, set, match! :(
Comment by
stocktrader1407 on Oct 15, 2012 10:10am
If it manages to hit $2.00, what a serious buy out candidate.. Hopefully the silver seniors are watching this move closely.
Comment by
Northguy53 on Oct 15, 2012 10:14am
did you not expect this?....this is a classic case of manipulation...I have been waiting for it since they announced the deal at 2.55....this is the time to buy ...its a gift right now imo...good time to add if you already have a position...or wait for $2 if u think its going there....JMHO GLTA
Comment by
ch08532 on Oct 15, 2012 10:43am
I didn't expect such a heavy handed beatdown like this. Good production numbers, ok fine...some people don't like the 11M share PP so the Sell button has been on for some folks but really another 6% hair cut? Ya, I'm buying as it's a gift but manipulation is putting it lightly. GLTA!
Comment by
impega on Oct 15, 2012 11:01am
Would I be right to say the falling price of gold will reduce the cost of closing out the gold hedge commitment?. I assume it will be done after the PP closed and the funds are received.
Comment by
5F09A on Oct 15, 2012 11:04am
Why is it manipulation? This is the stock doing exactly what it should given the news. If you want to talk manipulation, it was the push to $2.80 so they could get a questionable deal (for existing shareholders) done at $2.55.... Value of the company is unchanged just a lot more shares kicking around. JMHO......
Comment by
smoothedge on Oct 15, 2012 11:11am
Silver is down 2.5%. Broke under $33 . Price decline is across the board for silver and gold miners . This is not a SLV thing