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Politics : Welcome to Slider's Dugout

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From: SliderOnTheBlack5/28/2009 3:53:44 PM
3 Recommendations  Read Replies (1) of 50399
 
CDE valuation gap to Silver...

If you're looking for a place to redeploy some trading
profits, here's a laggard with an attractive short term
valuation gap to the underlying commodity and the sector.

Coeur D'Alene Mines - CDE

10:1 Reverse split will allow many institutions to now
own the stock.

Looks too cheap here to me.

And they actually had some good production news in the last
release. When this one breaks, it will be hard and fast.

...let's just hope it's up <vbg>.

Looks like a good back & fill trade here.

[Using SLV as a proxy for Silver on the 60 min./1 Month chart]



SOTB

PS: Major catalyst in very possible S&P credit upgrade
in the near future.

finance.yahoo.com

Upgrade will = immediate ignition.
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