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Southern Copper Corp. Message Board

steveh8000 41 posts  |  Last Activity: May 2, 2016 1:39 PM Member since: Aug 28, 2009
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  • Reply to

    the pump for argos i read...

    by mmccauley33 Apr 28, 2016 2:29 AM
    steveh8000 steveh8000 May 2, 2016 1:39 PM Flag

    Whoops, it dropped another 5%.....does that answer your question?

  • Reply to

    the pump for argos i read...

    by mmccauley33 Apr 28, 2016 2:29 AM
    steveh8000 steveh8000 May 2, 2016 1:37 PM Flag

    I always wait 30 days to watch a stock especially when the financial news makers are pushing it. Good thing I waited, I smelled a "Pump and Dump"....and it happened. I bought zero shares, and have zero losses from the pump machine market manipulation. Thank me later if you BUY at the bottom and make a little money. I would not chase it down trying to lower your average cost per share. Dilution is usually part of the scheme when bio/pharma eventually need cash to continue trials, and research. Proceed with caution, there is always time to make some money if all gets FDA approved...and that is an uncertain risk.

  • Reply to

    Any insights on this company

    by in4life75 Apr 28, 2016 9:55 AM
    steveh8000 steveh8000 May 2, 2016 10:44 AM Flag

    The dividends are built into the leases at the front end of the!

  • steveh8000 by steveh8000 May 2, 2016 10:41 AM Flag

    We would have been dollars ahead if we invested in many of the pot market stocks. Fun drug of our lifetime, #1 pain killer........the market has spoken.

  • Reply to


    by i5par May 1, 2016 11:47 AM
    steveh8000 steveh8000 May 2, 2016 10:35 AM Flag

    A fair observation, it's been well over 8 months of active looking for a new leader. Some pharma exec needs a job out there.......could be they really aren't looking very hard.

  • Reply to


    by i5par May 1, 2016 11:47 AM
    steveh8000 steveh8000 May 2, 2016 10:32 AM Flag

    Take $7.00 for a buyout if offered......and run fast to the bank. Get out of this dog, a buyout is our only hope. Hixon will be happy to get rid of his problem child, and get rich selling his shares.

  • steveh8000 steveh8000 Apr 19, 2016 11:11 AM Flag

    I will be a buyer at $1.50

  • steveh8000 by steveh8000 Apr 19, 2016 11:07 AM Flag

    A steal of a bargain for a BIG DOG to buy the company. Otherwise we are in for a long haul to get even again, or see a dividend.

  • steveh8000 by steveh8000 Apr 18, 2016 3:16 PM Flag

    Their is a specialty RIET called symbol CORR..........they buy troubled MLP assets and then lease them back to the company on 7 year terms. The company remains in operating control for full production. The assets is capitalized again, bought at a bargain for needed cash flow, and option to repurchase. The stock will drop again when the asset is sold, but the revenue from production remains constant to off balance it. It would be a good purchase for some of the assets for CORR. This drop was a slam dunk, I think it will recover half the loss in short order. Owned this POS for four years now.......not happy today.

  • Reply to

    Ahhh Folks

    by ockioteswife Feb 20, 2016 10:58 AM
    steveh8000 steveh8000 Apr 15, 2016 8:59 AM Flag

    The contracts are long term not based on prison population (filled beds) What, me worry? Not at the economy weakens, many desperate jobless people will continue as criminals. I watched a 14 yr old gang member interviewed on Dr. Phil yesterday.....his job for the gang was being a drug sales mule to the customer, and robbing people. He described this activity as his job to make money.....$300 to $500 a week. He is a near future customer, and hundreds of other's like him in every major city just like this POS punk.

  • Reply to

    Let The Games Begin

    by sumrtym7 Apr 14, 2016 9:12 AM
    steveh8000 steveh8000 Apr 15, 2016 8:44 AM Flag

    I think we are in for a long run return.....right time, right industry, right business structure, oil/gas will return, the flow has not gone down except from costly producing wells. Demand has balanced against production needs.

  • Reply to

    What CORR is all about.

    by steveh8000 Apr 15, 2016 8:24 AM
    steveh8000 steveh8000 Apr 15, 2016 8:37 AM Flag

    The growth opportunity available for CORR is huge especially purchasing production field pipelines that tie to central midstream distribution routes. Mid and downstream pipelines will make money in spite of oil prices, it's the only toll road to the refinery, processing assets, or storage transfer locations. All operate on fixed contracts for the most part producing revenue far beyond what CORR has paid for the depressed asset.

  • steveh8000 by steveh8000 Apr 15, 2016 8:24 AM Flag

    MLP's have a big portion of my portfolio, along with REIT's..........dividends are my retirement hero. Made a lot of money on energy MLP's and was fortunate to sell off the majority on huge gains. The small MLP players with depressed balance sheets have little finance choices to run their business, or stay in business. One alternative is selling these assets that CORR is buying to re-capitalize while still operating with the needed asset. CORR is buying these depressed assets at bargain prices. You must realize that annually the valuation of these assets are re-calculated, and they are mostly based on current oil/gas prices compared to last years prices. Assets were put in place at peak production prices (overvalued oil) and now are a steal.
    To build them again would cost more money, and no one is lending capital at good rates. CORR steps in with a very good business model in my for both sides, leaving CORR with minimal risk..

  • Reply to

    what the ?????

    by exercisealot4fun Apr 14, 2016 11:14 AM
    steveh8000 steveh8000 Apr 15, 2016 8:08 AM Flag

    One of their pipeline tenants is facing bankruptcy, future lease payments are at risk. Stock has been on an great run for two months, and oversold, overdue for a reality check of profit takers. When it crossed $22 dollars PPS, I put in a GTC limit order at $ filled yesterday. I usually tend to buy at the 200 day moving average as a goal using a six month chart 200 day simple moving analysis. Read the news, always get emails on current in the news events.

  • steveh8000 steveh8000 Apr 15, 2016 7:58 AM Flag

    Pain Meds.......a very crowded space, and difficult to crack open a piece of the sales pie. There are some very big players with far more cash to fight off newcomers. Let's be real, market share will be an uphill battle.
    Marijuana pain sales have a better chance of success, why you ask? It's more fun being stoned and in no pain. The aging baby boomers around the world know it works.

  • Reply to

    ARNA = Undervalued, Rock Solid, Buyout Target

    by outsiderinfo Mar 11, 2016 7:47 AM
    steveh8000 steveh8000 Apr 15, 2016 7:48 AM Flag

    Same BS I have been hearing for four years as I watch the stock sink to record lows along with BEL sales.
    The balance sheet is a long way from rock solid, and how much lower can the value sink?

  • Reply to

    Argos is being heavily promoted by email

    by joshuamanevitz Mar 28, 2016 2:59 PM
    steveh8000 steveh8000 Apr 7, 2016 7:40 AM Flag

    The history of micro cap bio/pharma stocks is dilution to raise capital, fund ongoing trials, and get through the costly FDA system for approval. It's high risk, open to a lot of short sell options who can and do control the price at OPX time on their positions. It's being hyped for certain, usually a sign of insider sell opportunity, along with some major institution owners who have some shares to dump. High risk hardball players....proceed with caution.

  • Reply to

    371 must be positive here's why

    by eric51684 Apr 4, 2016 11:08 AM
    steveh8000 steveh8000 Apr 4, 2016 12:26 PM Flag

    The true long shareholders (almost all) are very deep in the hole from this investment...most can't bear the thought of taking a massive loss if they sell. Money invested in ARNA would have been well spent on other stocks of quality.

  • Reply to

    371 must be positive here's why

    by eric51684 Apr 4, 2016 11:08 AM
    steveh8000 steveh8000 Apr 4, 2016 12:23 PM Flag

    Current PPS is a GIFT? It's a curse of a bad investment, poor management, and lost revenue from their flagship drug Belviq which management painted hopeful revenue as their one and only drug on the market to save the company. Wake up, this operation is not going well short term, and certainly not long term. Big Pharma buyout is it's only hope......that also is very uncertain.

  • steveh8000 steveh8000 Apr 2, 2016 7:50 AM Flag

    I'll sell you 2500 shares on Monday at $7.00 can make $8.00 on that trade down the road when your magical $15 price arrives. Such a deal.

26.61-0.08(-0.30%)May 27 4:03 PMEDT