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Pan American Silver Corp. Message Board

forbespointperson 9 posts  |  Last Activity: Apr 3, 2014 1:30 PM Member since: Oct 5, 2005
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  • Reply to

    Over 500,000 shares traded yesterday

    by forbespointperson Apr 2, 2014 11:46 AM
    forbespointperson forbespointperson Apr 3, 2014 1:30 PM Flag

    For every seller there is a buyer so it is hard to know whether the bias is up or down.
    FAC appears undervalued in the markets to me. Time will tell.
    Performance from operations appears strong and from NOL carry forwards there should be little to no tax burdens. The balance sheet is clean. Growth is strong. Executives are still over paid.
    If Ford is using FAC for a personal favor check book that would be a shame and not actually good for himself in the long run.
    He should continue to beef up performance and sell the Company to a bigger player or some other strategic buyer who has an aggressive growth plan. That is the only way he will recover his $5 plus per share cost he paid for his FAC shares. Do it soon as Ford is getting older and he does not want to die with FAC in his Estate as it will have to take a step down in basis on his death.

    Sentiment: Strong Buy

  • forbespointperson by forbespointperson Apr 2, 2014 11:46 AM Flag

    Was that a big buyer or a big seller? Probably both.

    Sentiment: Strong Buy

  • forbespointperson by forbespointperson Mar 28, 2014 11:03 AM Flag

    With stocks back in vogue, this is the time for FAC to grow in NYSE price or go ahead and arrange a transaction for Mr.Ford to cash out. Gerald Ford and son, Jeremy, should perhaps be seeking a strategic buyer to absorb FAC into their Company like say, GEICO?

    Sentiment: Strong Buy

  • Synta Pharmaceuticals weakness overdone, says Roth Capital

    Roth Capital notes that Synta announced positive interim data from a trial of its ganetespib monotherapy for breast cancer, and the firm thinks the stock has been overly beaten down.

    The firm keeps a $27 price target and Buy rating on the shares.

    Sentiment: Strong Buy

  • Not sure if anything else really matters but PAAS found a bottom months ago and in the interim I am getting 9.5% yield on my money. Go figure.

    Sentiment: Strong Buy

  • Reply to

    New Target is $4.50

    by forbespointperson Jan 22, 2014 8:33 PM
    forbespointperson forbespointperson Feb 25, 2014 7:08 PM Flag

    Good volume today on the up swing.
    Looks like FAC is on its way to the $4.50 plus target price per share.
    This is the early accummulation stage of the stock getting bought up for an annoucement or a transaction.
    My calculations put the stock back over $8 per share in the near future if all goes according to plan.

    Sentiment: Strong Buy

  • forbespointperson by forbespointperson Jan 22, 2014 8:33 PM Flag

    The rally in FAC has been defining lately, however, the best is yet to come.
    I see a target price based on performance at $4.50 per share in twelve months.
    A strategic buyer and/or plan could take the current shareholders out at twice that price.
    Buyer candidates include, but are not limited to:
    1. Allstate.
    2. The Hartford
    3. Infinity Insurance
    4. Met Life
    5. Geico
    I think they should do an ESOP, convert to an S corporation and shelter gains on the conversion with their NOL carryforwards that are still plenty new and old, and have tax free earnings for all employees with a huge retirement plan. This should also include ALL employees and not the top ones only. This is tax efficient and economically rewarding for all as the current shareholders get taken out at $9.00 per share and employees retire rich. OK, now rebut that!

    Sentiment: Strong Buy

  • forbespointperson by forbespointperson Jan 22, 2014 8:19 PM Flag

    The stage is set for PAAS and SLW to double in price.
    My personal target on SLW is now $40.
    See you in 12 months to say I told you so.

    Sentiment: Strong Buy

  • forbespointperson by forbespointperson Jan 22, 2014 8:17 PM Flag

    The stage is set for a steady climb back to $4 per share.

    Sentiment: Strong Buy

PAAS
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