at this point I can conclude The group Jon Carnes is working with likely wants this stock dead no matter what since it got him into so much trouble the only thing is the company does't have any debt.
so it will never go bankrupt in their life time until silver really tanks extremely hard where all miners die off.
99% are already losing money at this point that makes the most sense
remember the stock market is all about poker not blackjack.
statistics mean nothing and everything even more so now has to do with whom bluffs the best in this market when you deal with banksters.
so for now they can do whatever they want.
good luck guys but anyway lets see how long they can play their games
and how many trolls they can send.
not like many are even buying here mostly just algo trading.
anything over 500k is algo trading after all not real traders. we know this for a fact.
Maybe an MOC order?
Wouldn't it be ironic if that was from one of the institutional holders reducing their stake??? (Not that it would mean anything to me, but that seems to be the most reassuring fact for some holders here -- that SVM is part of an index-based ETF fund.)
You could always email the company's investor relations people to see what they have to say about the large sale -- you might also ask them if there is any credence to the issue of insider option grants in January that were never reported on SEDI. Ask them -- what have you got to lose?
=Wouldn't it be ironic if that was from one of the institutional holders reducing their stake???
I believe that is the obvious choice. I was looking for some big dumping right before March 31st. Who wants to do their quarterly report to their fund-holders and show them the huge loss on this. Better to sell it before March 31st and... POOF... it was a mistake that never was.
Smart to beat the rush and get it done this week. I'm looking for sub-$2 next week depending on what spot does.
What's amazing is that they were buyers for that many shares, that's crazy,. Wow, the stock should have tanked to below $2, I take my hat off to those shorts or whoever wants this stock to continue to go down, they always wait until the last few minutes.