The chance of EXK going down 50% is practically NIL.
The chance of EXK going up 50% is actually excellent (and it has done this 4x during the past 2 years off of pullback lows)
Cut bait now if you want, but a HUGE BOUNCE BACK COMING!
Don't say you weren't warned.......
No, not true, that's just the target I will be holding out for. Im actually WAY up on EXK as I play the stock from both sides. I generally have made more money, faster on my short positions. It's not that I have never shorted EXK, it's just that to do so now would be a career ender...as in plain stupid!
The chance of EXK going down another 20% is actually excellent.
The chance of EXK going up 20% is practically Nil.
You using 50% just isn't realistic....for any stock.
A technician wouldn't buy here until the 50 and 200dma are both recaptured. Many funds will not buy, because they follow these guidelines for proven returns. Speculative funds and speculative traders are the only real players now that the stock has been hammered so bad.
That management hasn't come out and made any statements whatsoever is quite telling.
Plain and simple management is just terrible.
apparently you don't live up to your bogus moniker. Go DO some work and research my FACTS, you will see that the stock has risen 50% from the 7 dollar area 4 times in the past 28 months. now you've proven yourself to be a liar and an idiot. get lost