Yes it does as no one trusts these Chinese companies.
I mean Safeway. He says it is under valued here because of Blackhawk.
I agree. VALE has earnings of 2.20 and still trades lower than CLF with earnings of 1.75.
CLF ia a buy with a 40 dollar price target. Sell off is over done.
Wrong !!!!!!!!!!!!
14.25
Please pass the joint.
NWGC trades at just one times earnings. As such, it must be a Chinese company or something is wrong here as no decent company trades at 1 times earnings.
Very funny April fools day joke, just very funny.
Strike that. Two postings.
Just one posting in the last 24 hours.
Not today
Just crossed 10 and going higher. Up over 33% from its low an hour ago.
Just crossed 10 and spiking higher.
By the way, the stock just spiked again. Now asking 10.00.
I tend to agree with that. I thought that this morning was the start of the decline, but, as you can see, that did not happen.
As can be seen by todays rediculous action, anythings possible.
Just give it a few minutes. Anything could happen in that time.
What gives here? Stock really looks like it is being manipulated by some one. The stock was down by 15% not long ago. Now it is up 7%. That took less than an hour. That is very strange. In addition, the stock is now up some 4500% in the past year. Valuation is also way out of line with the other companies in its industry.
YEP, that is what I said about 2 weeks ago.