waiting patiently? what are you talking about?
I on the other hand am waiting patiently as I have no position yet. As to when I'll buy, I'll know it when I see it. It will look real ugly and hopeless. It might look something like 2 weeks of non stop double digit pounding ending with a whimper or it could be a big dump on heavy volume.
One thing's for sure, you're probably at least several dollars too early.
long term....strong buy.
Sentiment: Strong Buy
ten years ago POG was roughly $375 and IamGold was trading in the $6's
Today POG is nearly $1200 and IamGold is $3.25
What the heck is going on.
The same comparison can be made for Newmont. Either this is a screaming buy or the market is telling us POG is going to crash several hundred dollars or worse from here leaving many high cost miners literally forced to shut their mines down.
One would think it just a matter of time AAL gets included in many of the tracking indexes. As such, I'll bet AAL is very under owned by large institutions who passive invest in the indices.
This a steady company trading on the cheap. Don't know about a major conglomerate buying them, but i could easily see some agitator like Peltz or Einhorn getting involved.
Either way, things look promising for us LT holders.
We owned over 8000 shares up until several years ago. I sold all but 1000 shares late last year at a split adjusted $82. So far so good. With these proceeds I bought many other stocks which are now up north of 20%. Right now, you've made nothing but the dividend.
You can hold these shares based on hope, but I see things differently. Buying SodaStream is not going to "move the needle". They are already in many ancillary businesses, but the fact remains overall growth is going to be hard to come by.Do not confuse my sentiment with the quality of this company. My point is the stock is too expensive.
That said, KO is unparalleled franchise, and I will buy the shares back if we see a pullback to $33-34.
I think its high time to sell your shares. We have profound demographic changes with how people consume soft drinks, and the diet category in particular.
As a parent, you rarely if ever see kids drinking soda (at least where I live) Whether true or not, we tell our kids that only fat people drink soda on a regular basis.
I just don't know how anyone can defend owning KO at $40 at near 20X earnings when growth is stalling in some of their most important categories.
I still own shares BTW, albeit a very small number from what we owned last year.
calm down little guy.
you'll get your shares. Hopefully you'll sell them and leave the business of making money on this stock to us big guys!
We won't get a lot of movement in December, maybe $24 at best, but next year, I'm looking for a steady march toward $30 and perhaps higher if the market holds.
you big dummy. Haven't you noticed that not ONE management insider is buying?
I'm sitting on my hands and waiting until one of these guys steps up and buys some shares with his own money.
The same is true for Goldcorp.
wait, I take that back, we're up exactly 50 cents so far.
This has to be the worst performing large cap drug/medical company in the stock market.
relax. You make it sound like POG is $600 and the GDX is in the single digits.
This is hardly a panic.
Panic is when GE traded to $7 and you could Citi for $1. There will be some good entries in the weeks ahead.
Besides, we don't have nearly enough volume for a capitulation yet.
I'm waiting for $18-19
that sounds about right. Obviously it will be a lot lower if POG were to completely collapse. I think the best course of action is to look for what you think is the capitulation, make your buy, but also buy a bunch of puts 6 months out in case you are very wrong.
Personally. I'm looking for $18-19
There's been very little change in POG lately- yet the GDX is falling like a rock, which causes me to wonder what will happen if we take a march toward $1100?
What about $900, will GDX wash out in the mid teens?
I just can't understand how this is so weak with such small changes in the POG.
not true, Hundreds of new and marginal mines have come into production in the last years. The boom had gotten so ridiculous you even have operators trying to reclaim gold from tailings and underneathe the Bering strait.
Most of these johnny come lately's have to shut down before we see any recovery.