Intraday weakness in Silvercorp Metals (SVM -0.4%) is attributed to another skeptical mention by...


Intraday weakness in Silvercorp Metals (SVM -0.4%) is attributed to another skeptical mention by short-seller blog Alfred Little, which cites the recent court decision that said the site's posts on SVM were protected by the First Amendment.

Comments (3)
  • Whitehawk
    , contributor
    Comments (3121) | Send Message
     
    Intraday strength in XYZ Metals & Tech (XYZ +0.4%) is attributed to another positive conviction by bullish blog Piper Invest, which cites the recent court decision that said the site's posts on XYZ were protected by the First Amendment.
    24 Aug 2012, 03:19 PM Reply Like
  • New Low Observer
    , contributor
    Comments (2517) | Send Message
     
    "In other news, Hecla Mining (http://bit.ly/sQeh74) was down -0.88% in sympathy with SVM's losses for the day." <sarcasm>

     

    This was non-news that had been revealed long ago (August 17, 2012) in Zvi Bar's article titled "Silvercorp's Defamation Lawsuit Dismissed, Company Immediately Appeals Decision" found here: http://seekingalpha.co...

     

    This non-news and conclusions based on such "news" is so insignificant that the stock has risen +9.38% since the Aug. 17th article (when this news was "common" knowledge to the public) highlighting the same information.

     

    The haphazard manner with which this "analysis" is thrown together, you'd think that yesterday's decline of -2.7% could have been used instead of the meager decline today.

     

    Nice job of not reviewing the data that has been reported on before throwing a spurious claim out there (spurious claim being that the court decision was the reason for the current decline and seemingly every minute decline thereafter).

     

    Regards.
    24 Aug 2012, 03:31 PM Reply Like
  • andy526
    , contributor
    Comments (3) | Send Message
     
    I agree spurious claims are what did SVM in the first pace
    24 Aug 2012, 04:52 PM Reply Like
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