Trading Volume is very limited and small at this low price
With a substantial decline in trading volumes as PAAS goes down, the bottom is closer now than ever.
The shorts have either covered or are staying greedy for a further decline. Their days are numbered.
A 6 cent target price sounds desparate! Good luck on the squeeze!
Yes, take advantage of being at the bottom of the escalator.... Silver is now below production cost for many miners and they will be closing mines. So the physical will really put pressure on the shorts and they will have to cover sooner than later. Silver is also an industrial metal unlike gold and there is increasing demand for its many uses... Wait until some failure to deliver occurs on some of these futures contracts... Where will they get the silver from to cover themselves ? If it is higher at that time then they have to go into the open market to buy it, or offer cash, or default, or steal someone elses silver, or lease it, or cause more naked shorts hoping that people will sell their realy physical silver on the cheap.