Silver Stocks Could Shine Again Soon: PAAS, CDE. SSRI

I am somewhat amazed at what’s been going on in the market for the last week or so.
Of course, the gyrations of momentum traders are always something to behold. But when we look at stocks like Google (GOOG), we’ve seen tens of billions of dollars added to the market cap in just a very short time. There is simply no rational way to come up worth any reasonable, or even unreasonable, estimate of business value for either of GOOG stock.
It has been almost as silly in the other direction, too. Traders knocked billions off the market cap of Stanley Black & Decker (SWK) after the company actually reported a 44% improvement in earnings. And Teradata (TDC) saw its corporate value trimmed by something like $1.5 billion after the company lowered its forecast.
These wild swings in valuation have nothing to do with the worth of the company and are purely psychological in nature. (more)

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