The market is already up a lot. Where can you find cheap, value, and underperformed stocks? I think the miners look very attractive.
I think IAG is way oversold. It's been down for few days already. I guess the people want to sell are already sold. Interest rate is still low and tapering is too little. I see no reason for trading at this low price. I guess is just some people are panic selling, maybe for tax or maybe it has to do with options. I am expecting a dead cat bounce next week.
I agree that SSRI will go higher in the future. Silver price is already very low so the upside is unlimited and downside has a limit. Don't forget SSRI has very high bookvalue, cash per share, tiny debt, and you don't need to worry about the dividend like other miners because there is none. Also, PVG is up a lot recently. There are much more but you need to dig it out to find out.
Many other stocks are already overbought and overvalued. You can guess what will happen next year when the fund manager are looking for cheap stocks. Where else you can find the cheap stocks that is underperformed? I don't need to give you the answer and I am sure you know the answer. Good luck!
Silver is up today. PVG is up a lot recently but not SSRI so maybe it's an adjustment for the price. Also, SSRI has high bookvalue, cash per share, and no worry about dividend compare to other miners. Of couse, maybe someone knows something we don't. Just look a the trading volume. It's huge and maybe something is coming.
Do your research!
Do you think it has to do with options? I have no idea. Maybe next week it will make adjustment.
Sentiment: Strong Buy
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