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Gold/Mining/Energy : Big Dog's Boom Boom Room

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Old_Sparky
To: isopatch who wrote (183132)3/20/2014 8:51:16 PM
From: Salt'n'Peppa1 Recommendation  Read Replies (1) of 206181
 
I wish I could recommend this post 5 times.
Everybody knows it. Nobody talks about it.

Just look at the insane market caps of TSLA, Z, SCTY, P to name just a tiny few. It is the Wall Street hedge fund and brokerage big boys that have bid these marginal companies up to nosebleed levels, through the dubious use of internal analyst reports (no conflict of interest there!!!) and with the full support of media groups such as CNBC, Forbes, Bloomberg, etc.

Meanwhile, real companies with real assets, such as our beloved oil and gas E&P companies, get trodden down and put on the back burner.
IOC trades at 55-60% of current NAV.
TSLA trades at 800% of 2020 imaginary NAV.

S&P
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