Golf, you've got spittle on your chin.. a stong close should give you a good shorting opportunity.. GO FOR IT!
Girls, this overhyped MEGA BUBBLE is supported by nothing but HOT AIR and BOGUS HYPE....and its inevitable CRASH below 3.00 is coming fast--given that ALL these USELESS silvers and golds FAILED as flight to safety during ALL recent financial turmoil and ALL recent international crises PROVES WITHOUT DOUBT they are ALL effectively WORTHLESS!!
Seems that April 22, 2015 was just a few weeks ago.. PanAmerican Silver traded at $9.12 per share. Nothing but moaning.. groaning.. and hand-wringing at a propitious SHORT-TERM buying opportunity. Go, check out the missives from this time period and tell me I'm wrong. I'm still hang'n in for an $18.50 silver trade.. but holding long my Pan American Silver. Good luck to all.
The bottom line is the recent silver buying is likely only just starting. American stock investors remain woefully under-invested in silver, while American futures speculators remain heavily short it. Even in the anomalous recent years, it's only taken a couple of months or so for both extremes to normalize. And that buying alone would run multiples of normal global silver investment demand over that span.
The resulting silver rally will probably be quite big and strong emerging from such bearish sentiment extremes. And it will motivate legions of investors around the world to redeploy in silver again. The more they buy, the faster silver will rally. And that will attract in even more investors, once again forming that very powerful bullish virtuous circle that silver is so famous for. Silver has real potential to surprise on the upside.
May 15, 2015
Well tomorrow is options expiration and it has been done time and time again the stock price reflects that guy who sold or purchased the options. The options control the market which is why you are seeing huge loses one day and as you get close to the options expiration you get a huge move. The stock of htis company and all others are at the mercy of the options players who are nothing but gamblers basically funded with the bad policies of the federal reserve.
WARNING: GPL and AXU penny stinkers, both trading ultra low option volumes, are the best barometers of the DYING silver penny junk jokes....and both doggies look AWFUL, trading only PENNIES away from ALL TIME LOWS. Time for you silver LOSERS to face reality: the deceptive gold/silver CALL WRITERS in the slimy wall street club only focus their BOGUS RAMP SCAMS on the rotten puke silvers that trade heavy call options.......and until you see sharp rallies in JUNIOR junk like GPL or AXU, etc., then ALL silver rallies are RAMP SCAMS...ALL OF THEM!
FACT: the USELESS SILVERS have FAILED as flight to safety during ALL recent financial storms and ALL recent international crises....making them all effectively WORTHLESS!!!!
As i was saying months ago about dividends here is an except from the company:
The Company's decision to reduce the quarterly dividend by 60%, to $0.05 per share, is directly related to the concurrent decision to invest $112.4 million in the Dolores mine expansion project, as well as in recognition of the current challenging silver price environment. The savings to the Company from lowering the quarterly dividend payments will be redirected to funding the expansion.
There were some others who responded that said that the dividend wouldn't change. I made it clear that companies can adjust to meet the market changes. Nothing is set in stone. Nonetheless we still have a decent dividend, good management, and silver and gold are back on an uptrend. Yeah this stock will see the teens this year. Good Luck everyone.
Could be. I am not a chartist, but looking at the 1 year chart, it sure looks like a triple bottom at $9. The two runs / bounces were to $11 and $12, we are back at $10, so looking good as it has a solid base.
I honk silver has turned. The economy is in the tank and Jo's especially full time are bad. Who is going to pay for the wa? Who is going to put up he cash for all the pork in foreign aid? The govern,eat is broke so painting press in overtime
with the earnings miss and the div cut I was expecting to wake up the next morning to a $1 drop in the share price. When that did not happen it told me that money is moving into the sector, obviously with hopes of better things to come. And those better things have to mean an increase in the price of gold and silver.
PAAS is in a great position to benefit If that happens. However, lots of false starts over the last couple of years.
Heitmann, Geoff Burns says it best, "we should be right where we expected to be by the end of the 2nd quarter."
I concur. All of the miners seem to be reporting similar. I think that we will now be priced for bad news instead of the rest of the market being priced with perfection. I have had stocks priced for perfection before and they were painful to hold onto. Live Long and Prosper
Solid quarter, tough conditions. Management is doing what they can. No one likes a divi cut, but it is right and good to re-invest in Dolores as it is good to plan some growth to offset decline so that when pricing turns, we have a pipleline.
Q1 was sluggish, but Q2 make-up and end 1H on guidance. That is not bad news (aka q1 short, but q2 should be better).
(NASDAQ: PAAS; TSX: PAA) (the "Company") will announce its unaudited 2015 first quarter results on Monday, May 11th after market close. A conference call and live audio webcast with a presentation to discuss the results will be held on Tuesday, May 12th at 10:00 am ET (7:00 am PT).
Girls, this overhyped MEGA BUBBLE is supported by nothing but HOT AIR and BOGUS HYPE....and its inevitable CRASH below 3.00 is coming fast--given that ALL these USELESS silvers and golds FAILED as flight to safety during ALL recent financial turmoil and ALL recent international crises PROVES WITHOUT DOUBT they are ALL effectively WORTHLESS!!!