Looks like enough time has passed and those that were short term exited miners. Shorts are mostly the only sellers now. BTW, did something bad just happen in Paris?
I wouldn't touch oil. Iran is going to flood the market. I wouldn't blame Oil. Uranium stalled and Cameco missed big time. We need to wait a year until the excess supply management talks about dissipates. Then its off to the races.
Long term I agree, but the goal post keeps on being pushed out. It doesn't look like the shaking is complete. I wouldn't be surprised if I get to add again in the 11s or lower if the market head lower.
Lots of momo buyers betting on a McReit. These levels on not sustainable. Looking for the next red close and I short.
Wow a made 5 points but it could have been 9. The reason I bought were the comps. The reason I took my profit was the PE. Happy to have made money and be out. I'll check back when the PE is favorable. Thanks.
Better management it would be a different story. They had a big up on everyone else and they threw it away. More pain to follow. It will take 2 years before we see comps improve.
You don't know what you wrote? You said "i'm affraid Mr.Market is going to focus on $7.2". I wouldn't argue a lower stock price, especially if the market corrects again, but $7.2?
The pe is just too high right now.
Everyone is thinking Avi was booted because management got a glimpse at the terrible earnings they'll report this week. Hey I agree, but this trade may have become a little too crowded considering how much its declined already.