Title : Americas Gold & Silver Corp (USAS) (USA.to) has some amazing price action this morning
link : Americas Gold & Silver Corp (USAS) (USA.to) has some amazing price action this morning
Americas Gold & Silver Corp (USAS) (USA.to) has some amazing price action this morning
It's only down 3%.
That is a miracle of modern spin doctoring coupled with dumb luck on the BRK/GOLD buy-in, plus extra doses of dumb from newbies in the sector with more money than sense:
If you ever needed an example of how investors don't read the Reg Fs these days and only bother with the carefully spun news release, here you have it. There's enough pain in the Q2 financials and MD&A to cut this stock price in half, but somehow they have convinced the market that a couple of cosmetic changes and bringing in the guy who ruined Tahoe Resources in Peru will fix things. Perhaps USAS has mastery of the Jedi Mind Trick, it's one of the only logical possibilities left to explain that chart above.
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