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Silver Standard Resources Inc. Message Board

  • wish_for_fish wish_for_fish Jan 23, 2013 10:46 AM Flag

    Silver Spot $32.21

    Silver on the rise, what's wrong with SSRI ?

    Sentiment: Hold

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    • I really dont quite understand whats cooking with this one. i bought today on the drop looking for a little pop back tomorrow. huge analyst 1 yr projections, 22.00 yahoo, high target of 28 or so on the other analysts on e-trade, 23 median target 16 low. i just dont see where it can come from when i look at the projected earnings of 2-7 cents a qtr profit. ok, mind you ssri lost $$ every qtr last yr, and missed the street's numbers every qtr last yr which were projected losses in the first place. i guess the question is if the street will reward ssri enough for getting back in the green to cause a build up that high to over 20.00 per share? i guess if silver can rise 5.00 in 2013 it would certaintly be a good case for it. anyone in the mood for a little long anticipated inflation due to the money printing around the globe. might be worth holding some shares for 1yr if you could afford to, but you might need a strong stomach if this last 12.55 number isnt the 2013 low. 52 week low is 10.00! OUCH makes me a little queasy though i must admit. my target for tomorrow is 12.90. fast $$, and then ill be watchin this one for another drop.

7.44+0.20(+2.76%)Oct 6 4:00 PMEDT