My guess is the entire precious metals miner complex is mostly computer controlled, on auto pilot so to speak. It will go up when the people with the big bucks want it to. Us small fries can't compete. With that as a backdrop of what's happening let's throw SVM into that mix. When the whiz kids put in the parameters of what stocks to buy/ sell/ short, which may be unfair buts that's the way it goes, we have....
SVM- mines in China, sell/short
SVM- small cap, sell/ short
SVM- fiasco with Jon Carnes accusing of fraud, sell/short
SVM- recent class action accused of overstating grades, sell/ short
So it's one of the go to sells/ shorts within the complex for the whiz kid money movers. Unfair, I believe so. It like a small kid at the playground being picked on by a bully. I am here because they keep putting up the numbers. Making money, meeting or beating estimates, no debt and lots of cash, paying a dividend, contolling costs, increasing production, jeez what more can they do!
As of today I feel they are worth between 2.40-2.60 a share. If and when metal prices go up say silver 26 lead 1.00 I feel they should outperform at that time because the giant foot will come off the neck of SVM and it will be free to trade with normal market forces. 5-7 is reasonable at that time, so we wait, value is here. That's the way I see it.