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Downside risk pretty much eliminated now I would guess, thoughts? if you guys have questions you should ask awesome_stocks. They often respond to my emails which is helpful.
Overall I think we will see upside for PAAS in the short-term. Perhaps a pullback next day or so could occur I suppose but are yall also seeing a further leg higher? have you guys heard of awe.some.stock.s. i started receiving their allerts and so far i am happy.
Yahoo Finance Insights
PAAS is down -5.01% to 17.08
If we are to go off the RSI then you could argue that a pull back next day or so could occur on PAAS before rallying up. Yo you should really check out awesome.stocks, they seem on point with their stocks.
Pan American Silver Corp. NASDAQ $PAAS Correlation Histogram
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 2,830 NASDAQ Stocks Price Analysis This stock mode of correlation coefficient is -0.7 In other words, the correlation coefficient of the other stoc
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(Kitco News) - Gold prices rallied by several dollars an ounce in late-afternoon trading Wednesday, after U.S. President Donald Trump said in an interview with the Wall Street Journal that the U.S. dollar "is getting too strong." Gold futures ended the U.S. day session with modest gains but shot to a high of $1,285.70 in after-hours trading, basis June Comex futures, after Trump's remarks to the press. June gold was last up $9.10 an ounce at $1,283.40.
you were saying Javi...go PAAS and GO RANGERS!
Wow what a turnaround story SFEG will be soon.
Im thinking silver is to valuable to be used as money. Silver is better used as an industrial metal.
It is worth noting that the restatement does NOT reflect any net changes to the full year results. The changes are only to non-GAAP 'adjusted earnings' and, by many estimates, not important.
what the hellnis happening with silver today?
The stock is selling off because PAAS just restated earnings. They made a big mistake. Someone really screwed up. Very irresponsible to release earning and then have to revise downwards the very next day. That is the reason for today's selloff.
Get out? Something is wrong? Short this ASAP? Come on, PK. Maybe it'll sell off more from here, but you're overreacting if you're an investor. If you're a trader primarily, okay then. "Buy the rumor, sell the news" is the most likely explanation for the selloff today. PAAS is up mightily. No doubt, some are ringing the register because the stock is double-topping after a huge move and isn't taking out the old high. This was a good report from a terrifically well-run silver miner. There is zero reason to assume that the sky is falling.