Not only is this an extremely tight float stock, that is profitable and growing in excess of its projected PE, silver is poised to squeeze through the roof.
There is so much phoney paper that believes it is backed by actual silver, that I thought it safer to move to an miner whose business it is to actual have the silver for sale.
When JPM is prevented from selling what it doesn't own, when COMEX has to actually produce more than a fraction of what they say they have, silver is predicted to squeeze like GOLD did in the 80's.
The miners become the play with the most integrity.
And Endeavour Silver has the reserves!
Buy and hold through the noise!
If you shorted at $12 you did ok...this dislocation with miners and silver is about to end, and Endeavor will lead the pack.
Don't short a dull market.
Don't short against logic.
This will be a sight to behold...
Trying to cover this:
Short Interest (Shares Short) 2,395,200
Days To Cover (Short Interest Ratio) 0.5
Short Percent of Float view
Short Interest - Prior 727,300
Short % Increase / Decrease 229.33
You were warned over and over, and fell victim to the man on TV telling you to short silver.
Wow, if you only knew.
p.s. yahoo now bocking short related info me thinks.
hedges can short all they want. Just make sure you don't join them to the poor house.
I've been issuing this warning for a while, and nothing has changed except the price of EXK and Silver.
I know the end game. Shorting these miners are a hedge. Long Phys silver. Get it. The idiots paid with fiat will lose. This can go to %500 you will lose. Your $$$ will be worthless. Get smart