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Silvercorp Metals Inc. Message Board

  • luiliwey luiliwey Feb 15, 2013 8:05 AM Flag

    Option expired today, Buy SVM today if you trust the management and the board members, they are educated and honest like us, shareholder.


    JPMorgan has 95 mil/oz Ag short position. They will have to cover it. GS, SVM market maker is setting the short seller to cover their short at a higher price. Be patient. Good people will be awarded.

    Sentiment: Strong Buy

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    • Short will be covered above $10.

    • cosidering they had 9 cents adjusted eps while they decreased the diluted eps.

      it was a smart management move but a bad move for our EYES as yahoo will have them with lower diluted eps. though that is GOOD for taxes actually.
      a tax write off. is going to be bought anyway they may as well do mark to market accounting for that instead.

      ahem banks should be doing that but they changed their accounting so they dont need to report losses.

      svm is BEING TOO HONEST with using the most honest accounting type there is for currently.

      they didnt need to take a loss on that at all but tax wise it would have been very good as a result from a business standpoint it was smart management long term.

      gains from wouldn't matter anyway since it is bought out.

      • 1 Reply to ryugo82
      • ryu, excellent analysis. SVM has a very simple accounting system compares to HL's. The most important items that u want to look for are; C/F, G/P margin and N/P margin. These 3 items of SVM are right up there with AAPL and MSFT. FYI, watch the messages posted by "svm13buck2013" he is a forensic accountant/auditor.

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