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 AheadIn 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.
Hey, me too! I've been piling on some key stocks. One that has gone crazy is BIDU! It has become the key. But in mining, I have BHP and now BVN. I guess i'm a fool!
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