Good morning everyone. Watch SILA today. News hit the wire this morning and it looks like this one is going to turn around. Charts are starting to head north and is is trading with good volume this morning. Here is the latest news
Cohen Independent Research Group Sets $5.22 as Best Case Target Price for Silver America, Inc.
RENO, NV, Jun 02, 2010 (MARKETWIRE via COMTEX) — Silver America, Inc. (OTCBB: SILA) (”Silver America” and/or “the Company”) is pleased announce that on June 1, 2010, Cohen Independent Research Group, Inc., Wall Street's leading independent fundamental research firm, released a 27-page research report on Silver America, Inc. estimating a best case target price of $5.22 and a Cohen target price of $3.16.
To download the full report please visit Cohen Independent Research Group's website, http://www.cohenresearch.com or visit Silver America's website, http://www.silver-america.com.
ABOUT COHEN INDEPENDENT RESEARCH GROUP Led by Paul Cohen, Cohen Independent Research Group is Wall Street's #1 Independent Research Firm. As founder of Bear Stearns Western Regional Offices, Paul Cohen was one of the original 12 Dirty Dozen analysts, regarded by many to be the top 12 security analysts in the nation. Mr. Cohen was also the West Coast Senior Vice President of CBWL-Hayden Stone-American Express. Mr. Cohen's partners were Sanford I. Weill (past Chairman and CEO of CitiGroup and past Chairman of Solomon Smith Barney), and Arthur Levitt (past Chairman of the Securities and Exchange Commission (SEC)).
Cohen Independent Research Group includes nine PhDs (three with MDs), two MDs, six CFAs (chartered financial analyst), three with CPAs (certified public accountant) and 21 analysts covering most industries. The backbone of the fundamental research targeted at stock investment includes investigative research into significant corporate events, thorough review of SEC filings, in-depth financial analysis, valuations, and management profiles. For more information, readers can visit the company's website at http://www.cohenresearch.com
ABOUT SILVER AMERICA, INC. Silver America, Inc. is a publicly traded (OTCBB: SILA) precious metals exploration company focused on the aggressive, ongoing acquisition and exploration of holdings with rich silver and gold production potential. Based in Reno, Nevada, Silver America has developed a promising portfolio of international properties in regions marked by stable politics, sound economies and friendly business relations. For more information on the Company and its projects, visit Silver America's website at http://www.silver-america.com
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