Impact Silver Corp V.IPT

Another dumb manip today!

[Stevoo]

None sense again !

[greendayyyy]

Unbelievable. Who sells at these prices? Usually January and February are the best months for gold and silver. This beginning of the year is awful.

[Thales42]

here a joke from the old Eastern Soviet bloc countries. Son: Dad, how far is New York. Dad: Shut up and keep on swimming. Translation - what we are experiencing is nothing but typical. However, if you believe, as I do, that silver will hit $50 in the next six months your focus should be on accumulating physical metals and quality miners. 

[Stevoo]

Keep Swimming hey ! As investor, i won't never understand how  value fall more then the price of the commodity.  Speciailly 6X and more  ...   Again on small volume day = manip !

[Thales42]

Stevoo, if my memories serve me well I did 30 kilometers marathon for around 9 hours 30 minutes; swam from Hvar to Dubrovnik in Croatia, then Yugoslavia. Nine hours and thirthy minutes in the water is a lot, like investing in Impact. It is a marathon and nothing is streight or easy.  I do not differentiate recent Ipt SP pullback from the biger picture in the markets and the uncertainties

[Stevoo]

thank for sharing, but MOST  of the producers are green today. We're not an explorer anymore, which lot of them worth more then us &  we have  not debt.  SO ???  Manip for me, like plenty times on this stock last year.

[Stevoo]

Wow !! Again !!

[Thales42]

But this time it was not manipulation, I think.  Around 11:30 am Ipt SP went up to 99 with good volume (340,000) despite market experiencing a sharp down day. Manipulation is usually caused by a mass dump of shares that leads to share liquidation via so-called algo trading. I may be wrong, but I suspect what we have witnessed is a case of someone testing the waters.  The fact that SP

[Thales42]

I think it worked like that. Someone placed a buy order for 300,000 shares and the order was quickly filled from 90 up to 99 cents. There are less than 100,000 shorts in the latest Impact short position release (as of January 21).  

[Thales42]

Hey Steevo, you follow the development with First Majestic and the clash between the Main Street and Wall Street now played out in silver? All silver, in fact all PM  companies, are being shorted one way or another. This could be a win-win situation for PM and miners - win if shorters are forced to exit their positions and win if the shorters come up with physical delivery.

[Stevoo]

I love it !  But if we need this wolf pack to get the real silver price, means this market needs a big flush !!!  I can't believe also the price of iIPT it's that low ,when we compare with FR jump. WE are a producer & having no debt. Strange.... But yeah !!  Go bets'boy  go  !

[Stevoo]

Again, IPT value  lost 5 % in 10 min cause the silver price drop 0.15cents. And worth like or less than yesterday ????? Any sense !!

[Thales42]

First Majestic halted.  Wall Street versus main Street live.  Wall Street "asking" regulators to "regulate". LOL

[Thales42]

Impact is the purest silver producer ahead of First Majestic and Endeavour.  This alone should provide additional stimulus. The reason it is only up 10 percent is because it is tiny and underfollowed, well, for the time being   

[Stevoo]

LOL  !!  Robbers gets rob & they don't like it. But me, I LOVE IT !!!

[Stevoo]

Silver way more higher then yesterday, but still at the bottom here. Hurry to sell if silver lose 1 cent, but  doesn't follow the upward. Strange isn't ??

[Thales42]

Steevo, I think we are taking about the begining of something big here. Now is the time to chose sides and follow your convictions. Rewards of investing in Impact could be stuggering.     

[Stevoo]

Yes but you see this was a manip. I can feel how small investors see this roller  coaster with no volume & small packet (500)  to fool people to sell or trig stop. Pathetic !  By the at this price (today), market was willing to buy at 1,13, pretty far from that...

[Thales42]

I noticed other silver companies performed better than Ipt yesterday; those were mostly explorers and developers with large short floats. Shall we reach $1.13 today, that is the question?

[dollpartz]

I was tempted to post about IPT on Reddit. But only tempted. I have some FR and was very surprised, of course.

[Crashcomingsoon]

The Reddit group has turned their focus on the silver shorts, which JP Morgan has a large silver short position. I would really like to see JP Morgan take a big hit on their silver short positions.  The question is how far will the regulators allow silver prices to be driven higher and therby hurt JPM before they step in.   David Erfle Weekly Kitco Precious Metal Sector Op-Ed

[Stevoo]

Yeah ! But here we have the same problem. Some like to drag it down. Silver worth 1,5$ more then last 5th jan & we are 0.10C less from that day. 1.10 for a close 29$ silver price. Pathetic !

[dollpartz]

Seriously? I run 10k semi-regularly (until the winter and then I just use the bike)  and I think I've done something .. tho 9 hrs is a long time. Wink .. you still run?

[Thales42]

that was 30 K swim marathon; have done few of them 40 years ago.  Nowadays can't run because of bad knees but swim occasionally in Gatineau National Park (I am in Ottawa) and bike. last year, quite by accident, I found my new love - calisthenics.  Built a beautiful, heavy duty pull ups bar in the backyard and can't wait to see the snow go away.

[dollpartz]

I wish they get off venture .. to me, venture to me has always been Crooksville