"""""""""""cde is being moved down by computers"""""""""""""""
Not remotely true. Moving down based on dismal short, medium and long term financial performance of company, period under all market and sector conditions forEVER!!
The question on CDE earnings ALWAYS is "how much will they UNDERPERFORM and how much will they MISS the streets expectations". The long standing history of CDE is they FAIL to guide the streets expectation/estimates properly and then beat the number (bad as the number may be). Management 101 but then again!!!!!!!!!!!!
so what, all common knowledge resulting in declining share value...................so what, all this states is why to not invest in CDE
the only material take away is not to believe anything the mundane hypster spews on this website. He has been wrong for over 10 years, is out tons of $$ cheerleading for over a decade. ......unless he is the first person in history to be long forever in a stock in a dead spiral forever. check out 15 year chart then get a super computer to calculate the % losses. be very wary however when he responds he will tell you how he bought low and sold high while hyping.
You need to understand, Coeur in NOT kneecapped by silver price. Share value has been in a decade ++++ decline and one of the top 1% worst investments in the stock market. The POS does have an impact on how much $$$$ they lose. As the price of silver goes up, they lose less. At $8.50 per share (really 85 cents from a historical perspective), still may be overvalued, The Street does not like a management team that cannot make $$$$, underperforms quarterly, introduces a new excuse quarterly (on-going for a decade) and makes "rookie" mistakes on a regular basis. These mistakes a well documented in official company reports.
Just in past 3 years, gone for 3 bucks to 2 bucks to 1 buck to 85 cents.
In summary, it is important not to pay attention to small bits of mundane data like management names, silver in the ground, drilling, bla, bla, bla. Focus on earnings and cash flow and the impact of each on the 85 cents.
Read this message and you will see why shares are 85 cents (($.85)!!!!!!!!!!!!!))
Yepper, 85 big ones.
Since you have hyped this for over a decade and are deep underwater, surprised you are not adding shares to lower overall cost per share UNLESS you believe this is going from 80 cents to a penny.
Very Unlikely, but it may not be a bad takeover for assets. Would be worth more than a buck and acquirer would only need a few key worker bees. BOD and all management could go.
1. What lawsuit are you referring to?
2. It is painfully clear CDE management thru major dilutions over time procured assets that crucified shareholders. Therefore, question is did they personally profit by shorting shares ahead of these decisions.
3. Oddly enough, these management teams made numerous rookie errors over the years costing shareholders millions. Filing paperwork, etc..
4. Did anyone in management profit by over promising quarter after quarter for years (decade) and then under delivering. It has been surprising that over these years I cannot recall anyone during an earnings call never ripped these guys for having such flawed forecast.
All you have to know is $.94 ninety four cents. All you have to ignore is all the words on this website. As stated during the GM hearings, words mean little, actions and results matter. The scorecard for the words and actions currently stands at $.96. In baseball terms, this is equivalent to a season with no wins and 162 losses. In other words, worst investment record at this time.
Most of this is true except for CDE specifically. They are unequalled by "very costly management mistakes" which would take hours to enumerate. Three or four of these were rookie or just plain dumb costing shareholders millions and likely 1/2 of current share value. Suggest you just read news over past decade and you will see these facts are well documented. The Street hates these guys and the Shorts love them.
Mundane is out BIG BUCKS, cheerleading and buying/owning not just for 2 years but decades. Forget 32, probably double to 64, the pre-split $6.40 or greater. He may have bought at $100.00 (old 10 bucks).
This is perhaps the worst managed company on the stock exchange since 1990 still in business. What an undeniable mess. The facts are indisputable as validated by the share price.
I challenge anyone to throw a dart at the WSJ and hit a worse investment over past decade.