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.
Worst possible scenario, more dilution and back under a buck. Management team ignorant!
Sell the company
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 $$$$ and street will continue to hate CDE as an investment (way too many other investment opportunities outside metals). When (if) miners ever improve, street will focus on other miners and still avoid CDE. Consequently, CDE will always be a poor investment and a stock to avoid.
If someone were to purchase CDE, they would be worth slightly more than a buck pre 10 for 1 split.
Much better investment returns selling CDE and throwing a dart at WSJ.
Yep, for a LONG time. The common goal of selling peanut butter, jewelry, automobiles and furniture is MAKING MONEY. Same applies to mining metals.
CDE needs an activist, where is Carl when you need him? Problem is, Most of BOD and most of management would have to go to either sell the company or radically change how to properly run the company. This is a long shot.
THE CAUSE SNOOK IS THE ISSUE, discard useless Mundane comments:
Management inability to generate EPS.
Numerous Management mistakes.
Street lack of faith in Management.
Management high pay for low performance.
Are you starting to see a correlation between Management (including BOD) and Share Value?
Look no further than Management.
With a handful of employees and floundering for years (decades) have any useful technology????? I find it very hard to believe. If so, someone would have bought them for pocket change a long time ago.
Any knowledgable comments welcome.
LOL, CDE has destroyed value, operated inconsistently and irrationally, delivered low returns and reduced shareholder value for DECADES!!!!!!!
Again, CDE longs need an activist with deep pockets to clean house resulting ultimately in the sale of the company. I predict this sale will occur within 36 months.
All BS.......U have gotton CRUSHED AS A LONG for years buying at the top and holding. Whatever you state other than you have LOST $$$$$$$$, period.
Mundane is the ultimate hype steer cheerleading CDE throughout its decades long death spiral.
To be long short or long term history on CDE requires both much higher metals and EARNINGS. Please provide your next 4 quarters earnings with rationale to support an increase in share value.
I tend to agree since they simply do not make $$$$$$. Poor EPS and high PE as far as anyone can see capping share price around a buck where it is now.
Better chance using the money for mega millions tickets than attempting to win lawsuits. On second thought, better suing companies than ANDR using the money for organic growth internally.
Unless you were born yesterday, you will not live long enough. Based on CDE's past financials and forward guidance, suggest you try the Buffet billion dollar challenge (much better odds). Doubt you will ever recover your triple digit percentage losses.
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.
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.