Loading ...Ultimately the shorts will probably get crushed, they were getting crushed this am. The shares, especially the silver shares are another story. They seem to be able to move them down with relative ease, although the bigger they are, the harder it is.
deer79 mentioned DVS. It traded over 2 million shares 10x avg volume is a perfect example. I think they will take it back below $5 again within a couple days, then slowly cover. 3 steps forward, 2 back.
No doubt the producers are way undervalued, but the ones that don’t produce are playthings.
I agree this week will tell us a lot but I think we’re in for a couple of rough days.
Earnings don’t start coming out until mid/end Feb. producers should get a big boost then.