ellobo, i understand what you're saying. silver standard is a very volatile stock, and it goes up (and down as we have seen this year) much faster than the broad market. with hindsight, we all should have sold it in the 40's and bought it back around 6.

bear in mind that the company itself has not stumbled, and it is just the share price that has gotten caught in a market-related sell off, brought on by a sharp decline in the price of silver. as far as the operations are concerned, the company raised all the capital it needed before the credit market imploded, and they have successfully built a mine that is about to be commissioned.

i suspect that those who have sold this stock in the teens or single digits did so because they were forced to, not because they wanted to. retail investors received margin calls, and hedge funds have had to deleverage. as long as you are not on margin, you can look at this in one of two ways:

1) this stock is a bargain for the ages in single digits, or

2) the company is not viable and it is headed for bankruptcy.

in the former case, i suggest you hold and/or buy more if you can. however, if you believe the latter, i suggest you sell out while you still can.

as far as sinclair and butler are concerned, if you listened to them when silver was sub-$4 and gold was sub-$300 you are still ahead. this stock went up seven years in a row, prior to 2008. if you bought silver standard when it was a penny stock, you are still ahead. they expected to see an inflationary blow off, followed by deflation. instead we have gotten a deflationary scare first.

i think it's only a scare, and the enormous fiscal stimulus will reflate the economy in general, and the resource sector in particular. but if you expect the global economy to go into a deflationary depression, then you should sell all of your stocks, not just silver standard, and put everything in the us dollar, because that is the only asset that will hold its value.