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Silver Standard Resources Inc. Message Board

  • cummingbass cummingbass Aug 20, 2013 4:09 PM Flag

    another strong day for miners

    Up across the board with all! It appears the tide has clanged

    Sentiment: Buy

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    • Be careful here - this is up 70+% from its lows and there really isn't any strong indication that the tides have turned - the volume you're seeing are shorts covering in case metals really run - volume is good but not something to cheer about quite yet - price targets on SSRI are also well below where it's trading. My hunch is that this is yet another headfake by gold and silver. I think this will test support in the low $8's.

      Either way, things are about to get more exciting.
      Good luck

      Sentiment: Hold

8.31-0.65(-7.25%)4:00 PMEDT