Before people think about selling silver stocks for any 'pull-back', please consider this. POS has been making a huge base over the last 8 years, and it is now decisively breaking out.
POG bottomed in 2016, and I remember buying SAR at $0.11 in June 2016, now the price is $6. Also, I remember selling SAR at $0.5 thinking how much money I made at the initial bounce.
Silver stocks have been in the toilet for some long, and the bounce was always supposed to come but IMO this is nothing but a small taste as to what to come. Besides, the pool of silver stocks is so small, I feel the rise of silver stocks will be just insane to the point of life-changing fortunes are made.
I think everyone should sit tight and enjoy the ride, and not try to time the market.
ARD Price at posting:
4.4¢ Sentiment: Hold Disclosure: Held
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