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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (56631)3/23/2006 1:11:37 PM
From: ild  Respond to of 110194
 
Date: Thu Mar 23 2006 12:12
trotsky (ellix@DROOY) ID#248269:
Copyright © 2002 trotsky/Kitco Inc. All rights reserved
in fact, DROOY is currently among the lowest 10 ranked stocks ( average analyst rating ) in the entire stock market!
this is very bullish as it were. a recent example for this is PAL, which had fallen into the bottom 10 back when it was trading around $4. from there it proceeded to rally by 200% without pausing much or looking back. a similar fate awaits MOST of the lowest ranked stocks, with the exception of those that go bankrupt. the reason is that once your ranking falls to such extremely low levels, there's only one way left for it to go - UP.
analysts treat DRD as if NOTHING had happened over the past year. but its situation has changed markedly - it's basically a completely different company today. it remains one of the few true value plays in the sub-sector of mid tier producers. in terms of valuation of reserves per share and production per share it's probably THE cheapest producer stock right now, even including the pending conversion of bonds.

Date: Thu Mar 23 2006 11:44
trotsky (lettuce see....) ID#248269:
Copyright © 2002 trotsky/Kitco Inc. All rights reserved
"According to the California Association of Realtors, sales of existing, single-family detached homes were down 24.1 percent, the highest year-on-year decline since December 1990 when sales dropped 25.2 percent. The National Association of Realtors reports Massachusetts home sales are down 21 percent and listings up 41 percent. In Florida existing home sales are down 19 percent. In Alabama existing home sales down 21 percent and listings up 17 percent. Pennsylvania sales down 17 percent. Minnesota sales down 7 percent and inventory Up 35 percent."

this from a recent Kunstler rant. however, today the government reports that 'existing home sales were up 5.2%'. why do i get the feeling that they simply pulled this number out of a hat?