Yes junkie KL was #1 on IBD recently but that didn't help with
today's news - many now trapped near highs. Let's see if some
analysts defend the stock on this news
Acquisitions are an inevitable part of bull market. The
biggest threat is over-leveraging at this point. Companies with no
debt are the real deal, and will attract a lot of capital. There
are only a few of them around.
PAAS used to be one of them, and the stock defended its lows
from 2015-early 2016 this year. I expect KL to do likewise.
Yes junkie KL was #1
Miner News
Posted by steve on 25th of Nov 2019 at 11:38 am
Yes junkie KL was #1 on IBD recently but that didn't help with today's news - many now trapped near highs. Let's see if some analysts defend the stock on this news
Acquisitions are an inevitable part
Posted by junkie on 25th of Nov 2019 at 02:01 pm
Acquisitions are an inevitable part of bull market. The biggest threat is over-leveraging at this point. Companies with no debt are the real deal, and will attract a lot of capital. There are only a few of them around.
PAAS used to be one of them, and the stock defended its lows from 2015-early 2016 this year. I expect KL to do likewise.
Yes - it may be
Posted by steve on 25th of Nov 2019 at 02:03 pm
Yes - it may be an opportunity with today's dip - do your homework and trade your plan