Good action in the Silver shares in the AH Friday. Why ?

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#1 Sun, Aug 7, 2016 - 3:20am
jamesok
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Plodiv
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Joined: Jul 22, 2016
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Good action in the Silver shares in the AH Friday. Why ?

Hi folks,

The Silver miners shares (AG, PAAS, SSRI) looked to have been well bid all day with the dips being bought regularly.

In the AH all of these did really well & took back all the losses.

Does anybody know why ? Was there any late news that tripped this off ?

TIA.

Sun, Aug 7, 2016 - 9:45am
pontiac
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after hours

My guess is that it is institutional traders. Some may have realized that the blsbs report was nothing but BS. Others know that the strong seasonal period is approaching and are buying the dips. I was buying all day and am in full on buying the dips mode.

My silver stocks are svmlf, slw, axu, ag, exk, mag, and FSM. This year is unique in several ways, one being that the sell in may and go away did not work.

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