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Vale S.A. Message Board

  • bbandassoc bbandassoc Aug 11, 2013 3:31 PM Flag

    Why VALE is going much higher IMO....

    The macro fundamentals have changed for the better in the past couple of weeks. Instead of expectations for decreasing prices and demand, now demand and prices are expected to increase. At the same time, VALE is materially reducing costs. With higher demand, higher prices and lower costs, the next couple of quarters should be much stronger and the stock should reflect this expectation. While I usually trade around a core position, this year with so many money managers behind their indexes, they seem to be piling into companies like VALE to catch up and taking them straight up and I have lost out on a lot of gains leaving these situations too soon hoping for the pullback. Plan to just hold this one for awhile in this environment. GLTA

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