Imperial Metals (IPM.T) Message Board

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Gold/Mining/Energy : Imperial Metals (IPM.T)

IPM 1.920

-2.0%

Nov 6 3:59 PM EST

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To: refugee investor who wrote (1148)	8/24/2012 6:33:49 PM
From: Italian Investor	Read Replies (1) of 1366

Thanks for the Grant write up good weekend material. Imperial has been blasting off since you talked about it errr that is what I get for not listening to my financial advisor. I started a 3% position in GM today looks pretty cheap with a P/E of like 7 and a forward P/E of like 5 and that is with not netting out the cash on hand. HPQ now has a forward P/E of 4 a stock Chanos is shorting calling it a value trap while some big name value investors are long like Klarman. Does not look as cheap and safe as CSCO was before the rally because of the financials, but I am in this name with a 2% position taking the Yackman approach. DELL and MRVL have pretty cheap P/Es if you net out the cash and much better financials, so I have small positions in these names also.

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