CDE just keeps clicking up penny by penny to their high of the day <$15.27, +45c>......andWE HAVE BEEN JUST SITTING THERE AT $4.95/$4.96 THE WHOLE GAWD DAMNED DAY.Thank you management for putting those 100M shares into play. You are sitting on $200M cash.....and you SCREW the shareholders like that???????
"Thank you management for putting those 100M shares into play. You are sitting on $200M cash.....and you SCREW the shareholders like that??????? ".......................Tell them, don't tell us!!!
Cheer up GM took all stockholder value. All of it and now you can buy it again! lol
There are 133K shares ask @ 4.96 ... while SLV is up 1.06%, dow up 1.65% ...
Yes, very frustrating to get hammered 2-3x more than physical on the downside and then up 1x or less on the upside. Base metals looking good too. Zn and PB getting close to $1.The multiples given to miners are being compressed bigtime. Silver has to bust out of its long consolidation.
For the last 12 months:Hecla = +50%CDE = +0%Since Jan 2, 2001Hecla +786%CDR +76%PAAS +797%
Hey carl, you don't have to convince me. I left the CDE outpost, moved over to HL, and it has been better until the new 100M HL shares appeared.CDE was beaten down to 41c at one time, they did a 1:10 R/S, and suffered <me> a bunch.But watching the relative strength <especially the last few days> of CDE over HL, and the OBVIOUS kill shot we are getting in the market at $5 is worrrying.Have you checked out the high numbers of HL $5 call options due to expire in 4 days.....nearly 8,000.Then, in Sep <32 days away), ya got 10,800 $5's and 18,000 $6's.These were not "written" to lose money.
I agree we are all too shortsighted. It's going to be interesting watching POS over the next 6 months. Let's hope a break of $21 in POS can (finally) light a fire under HL.
Their selling off HL to buy SLW and AUY. The market thinks this one is way over valued. That's why it can't move up. It will fall hard if every thing isn't just perfect like today. Look at last Fri.