for people who need a tax write-off this year or next.Sandstorm Metals and Energy (STTYF).1. Run by a golden boy with minor cult status2. Late to the commodities game3. Applying a model that worked well in the past due to flukey conditions to a totally different and less favorable situation4. Basic game plan is to hand cold cash over to loser third-tier mining companies and hope you get something back manana.5. Protection as a creditor seems pretty ... not good. If the loser mining companies bomb out, too bad.6. Most of the companies STTYF has made deals with have seen their shares prices drop afterwards like the anti-raisins they are.Yes I own this. I expect to get a lesson on the limitations of volumetric pricing models.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra