For the record my call was on the money. As for the guy who gave me the thumbs down, did you keep buying more?
You don't replace a CFO right before your earnings announcement unless the news is bad. My guess is they will delay the release to Friday after the close of the market when less people are paying attention. I would say long term this may be a decent highly speculative buy but short term things are about to get even worse.
Doesn't seem like insides have any interest in picking up shares at these prices. In fact, there is not that much insider ownership. That concerns me,
When Gold was at $1,900 many were calling for gold $5,000. Well, Gold fell badly while most said we wouldn't go much below $1650. Then we were told it had support at $1,500. They we heard it can hit 1,350. Today we are hearing Gold has support at $1,100 but there are calls of Gold by Morgan Stanley of $800 and someone is now predicting Gold $500oz.
Bottom line, nobody knows for sure and my $35 prediction could just as easily end up being $3,500. And if it hits $3,500 you know people will be calling for Gold $10,000. It's just how this works. My worthless advice: Tune out the crazies and buy low and sell high. You'll never pick the exact bottom but if you are patient you will be rewarded with a much bigger upside.
Perhaps but a few years ago people also believed in hope and change. As time goes on you learn differently. I think this was also the case with Kirchner.
Every once in a while somebody makes a good point as you certainly did. I wouldn't bet on Argentinians voting for the pro business candidate but I agree regardless of who is elected things can only get better with the departure of Kirchner.
Earnings scheduled to be released in the next week or two. The price drop makes me think it will not be all that good.
Just look at how these two Democrat ladies have driven a once desirable company into a worthless business with little chance of long term survival. This is similar to what their friend Hillary would do to America if she gets her paws on the Presidency.