sonya, I'll speak to you. I've never really been able to strike up a dialogue with anyone else on this board. The gap needs to fill @6.24. IMO, only then can a bottom be in. The descending channel bottom is now under the gap fill and falling to meet a rising trendline. Probably happening around 6.04 or 6.05. I would guess that is bottom. The healthiest thing SVM can do is just flush it out and set itself free. It just is what it is.
Hey Wolf, Is it possible that the gap down to $6.24 was fallout from irrational information? fraudulent information? provided by questionable sources, therefore may be an anomaly, and may never get filled? Mr. Buffett always remarked that information (of any kind) can have over blown effects and distort share prices irrationally. Just a thought. :-)
LongPicker, anything is possible, including an upward explosion in silver making the gap fill impossible. But, in my experience, the odds of the gap filling are high. BTW, I'm not bashing SVM. I have a very small position, bought before that gap occurred. I've sold none.