Sorry, but I love arguing with the market. And it has enormously boosted my net worth. As Warren Buffet has apparently said: "If a business does well, the stock eventually follows."

I believe that this both has applied to Silver Standard and will do so in the future.

The "obviousness" of the bear trend is somewhat open to interpretation, but I am a firm believer that fundamentals eventually trump Technical Analysis and "bear trend" comes from the TA world.

While I am not denigrating TA, I think it is best suited to short term movement. Fundamentals chart the longer term course of a company.

And, in my books, Silver Standard has the fundamentals!

I think that it is a no-brainer that the risk in SSO is hugely weighted to the upside. Maybe it will slide a little more - who knows?

But to lose at least another 50% from here?? Not even the market (group mind) is likely to be that foolish. And if it is, I will certainly look to buy more at that price.

If SSO is undervalued here, what would it be at 50% discount from here?

"A HUGE opportunity" :)