Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: seldom958 Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 6  
Subject: Citi downgrade Date: 2/28/2008 2:33 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Hmmmmm. It's nearly tripled in the year since Citi's downgrade! Maybe that's why C is in so much trouble.

Yesterday a guru said this about BVN;

"A Great Year Ahead

In 2006, Buenaventura’s net income soared 48% to $428.1 million, or $3.36 per share, from $288.4 million or $2.27 a year ago, while total revenues rose a whopping 81% to $646.9 million from $357.5 million in 2005. For the third quarter of 2007, net income rose 23% to $99.9 million or 79 cents per share, while revenues increased 35% to $195.8 million.
Just last month, the company’s management team said it was pleased with its 2007 performance and optimistic about the coming year. The company is expected to perform much better than 2007 in terms of price, production and development. I believe its earnings could be more than $4 per share, giving it a forward P/E ratio of less than 18.


The stock has been on a clear uptrend, showing its strong momentum in the current volatile market. I expect the stock to continue to do well for us in the coming months. I want you to buy BVN under $75. I’m targeting $100 in the next six months, which would give us a nice short-term gain of about 30%."

So I bought some.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Saul's Investing Discussions

Why Did I Buy a Bunch of PFIE Today?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement