Jim Cramer on Americas Gold and Silver Corporation: “I Always Demand That People Do Some Selling After Parabolic Moves”

Americas Gold and Silver Corporation (NYSE:USAS) is one of the stocks on Jim Cramer’s radar. Starting the lightning round, a caller inquired about the stock, and Cramer commented:

Well, okay, here’s the problem. I like that situation, but we’ve just had… parabolic move, and I always demand that people do some selling after parabolic moves. That’s been my view since I started. It’s 40 years’ worth of it, and it’s very rare that I haven’t missed a gigantic decline. You have to miss those declines.

Americas Gold and Silver Corporation is a mineral company that focuses on exploring, developing, and producing gold and silver in addition to the extraction of zinc, lead, and other related by-products.

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