I recently got a "tip" about a refining company (CYM) that sounded good in lieu of rising copper prices. I ran the stats through the PEGulator and the value was .15 or "Undervalued." As I'm new, is undervalued a good thing? It seems to me that it would be...Any input/clarification is appreciated. Semper Fi, Matt Matt,A few thoughts...1) Most 'tips' are total garbage. Do major research before you bet your Quatloos on anything. Buy stocks in businesses you really understand.2) 'Undervalued' can be good or bad, depending on the situation. Remember that there are many folks out there looking at the same data you are. If CYM were the deal of the century, somebody will probably have found it by this time, raising the price etc. In other words, if a stock is as undervalued as CYM seems to be, there is probably a darn good reason hiding in the bushes.3) This probably relates to #2, but investing in Metals (precious or otherwise) is generally a very tricky thing to do. I know folks that have made a ton of money in stocks, but I've not met anyone personally that has done anything but lose big-time in mining or refining. Part of the reason is that metals are a commodity. The prices swing around based on supply and demand and are pretty tough for the average Joe to predict. There are a lot of other places to invest out there. I'd recommend picking one of em.Be careful out there.Z1
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