I tend to agree since they simply do not make $$$$$$. Poor EPS and high PE as far as anyone can see capping share price around a buck where it is now.
To be long short or long term history on CDE requires both much higher metals and EARNINGS. Please provide your next 4 quarters earnings with rationale to support an increase in share value.
All BS.......U have gotton CRUSHED AS A LONG for years buying at the top and holding. Whatever you state other than you have LOST $$$$$$$$, period.
Mundane is the ultimate hype steer cheerleading CDE throughout its decades long death spiral.
LOL, CDE has destroyed value, operated inconsistently and irrationally, delivered low returns and reduced shareholder value for DECADES!!!!!!!
Again, CDE longs need an activist with deep pockets to clean house resulting ultimately in the sale of the company. I predict this sale will occur within 36 months.
With a handful of employees and floundering for years (decades) have any useful technology????? I find it very hard to believe. If so, someone would have bought them for pocket change a long time ago.
Any knowledgable comments welcome.
THE CAUSE SNOOK IS THE ISSUE, discard useless Mundane comments:
Management inability to generate EPS.
Numerous Management mistakes.
Street lack of faith in Management.
Management high pay for low performance.
Are you starting to see a correlation between Management (including BOD) and Share Value?
Look no further than Management.
CDE needs an activist, where is Carl when you need him? Problem is, Most of BOD and most of management would have to go to either sell the company or radically change how to properly run the company. This is a long shot.
Yep, for a LONG time. The common goal of selling peanut butter, jewelry, automobiles and furniture is MAKING MONEY. Same applies to mining metals.
Wheeler not responsible for most of past 2+ years other than some long standing core issues. Metal prices have been a drag however current management team is not interested in earnings, only lining their pockets and hoping to have some cash flow to keep company solvent. Thus, shareholders will never make $$$$ and street will continue to hate CDE as an investment (way too many other investment opportunities outside metals). When (if) miners ever improve, street will focus on other miners and still avoid CDE. Consequently, CDE will always be a poor investment and a stock to avoid.
If someone were to purchase CDE, they would be worth slightly more than a buck pre 10 for 1 split.
Much better investment returns selling CDE and throwing a dart at WSJ.
Worst possible scenario, more dilution and back under a buck. Management team ignorant!
Sell the company
Look at CDE 2 year chart under this management team. Do not bother to look at 10 year chart. In bottom 5% of all stocks in the world. Earn 500% more by throwing darts at finance page than buying CDE. Above all, never listen to Mundane.
CDE is not in business to make $$$$$ EPS. Please understand this.
They are in the cash flow business to benefit management only and not shareholders, period.
This company has been transitioning for 15-20 years. All BS!!!!!!!!!!! Bottom line, a business model that will not cannot work for investors. Management runs the company for management. They are only financial beneficiaries of this scheme. My only question is how they legally got away with this fraud as a decent size publicly traded company.
The LAST thing CDE needs to do is buy anything and dilute shares. CDE has not had investors for over 15 years, only short sellers making TONS of $$$$. Most CDE investors are now retired or deceased. The remaining few are broke. They need to sell the company.
At $1.19 a few shorts covered, one day small bump. Share value remains in a short and long term death spiral. Notwithstanding cut and paste information which is essentially factual, the CDE current Management Team is not capable of producing the necessary financial results required to drive share value.
Another mundane cut and paste for the 17th time. Stop the BS and focus on something worthwhile like earnings and share price.