Vale , over 5 % dividen and stock is down over 30 % this year, trading at 5x book, way to cheap here look for January bounce as buyers will come.
That is just what I told my wife, we might get lucky and pick a few more shares up at 50 or Lower ! But it probally go up since I want to buy more !
Nothing wrong with this stock, shares are needed for the addition to S & P 500 ! I just hope it hits 50 so I can buy another 100 shares my self !
I have made a good deal of money with Mr Crammer"s advice.
I think you must have a Bear RAID confused whith Short Squeeze.
Volker Rule has no effect on MS, they are already out of most risk trades, they have cleaned their act up long ago and people are taking notice.
According to my thoughts, this is very managrable, should not affect divdens in future, this company has been selling assets and getting lean and mean! If it was all that bad why the 3% pop on the news,
As for Vale, shares are down 5% after a strong third-quarter report as investors await a Brazilian Supreme Court tax ruling. As we wrote in Monday's alert, the press has reported that the Supreme Court will likely reduce the amount that Vale owes in back taxes, as well as offer the company a 15-year time frame to pay. Vale has been fighting the courts on this matter, but the terms might just be good enough for the company to accept, meaning the issue would be put to bed.
I am not shaking any 8 ball, and yes there was a mention of paying just 1 . 5 billion also , which is nothing for them after selling a few assets which they have done,The Street put that aricle out.