SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Strictly: Drilling II

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Frank Pembleton who wrote (7334)2/7/2002 9:56:53 AM
From: Paul Shread  Read Replies (3) of 36161
 
I keep hearing about gold stock valuations. HGMCY is trading at about 8 times what it should comfortably make this year. The market is chock full of analysts who have no ability to see beyond the present and to recognize real trend changes.

The same thing probably kept these clowns out of the likes of INVN and OSIS. When fundamental improvement and attractive valuations come together, real bull runs begin, not like this crap in the broad market, with the S&P trading at a GAAP PE of 42. But you don't hear analysts urging caution there, because that's where you're supposed to 'invest.'
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext