Daily Stock Opinions and Ratings

Opinions

Dennis da Silva Consolidated Thompson Iron Mines Ltd. CLM-T TOP PICK Oct 14, 2010

Fantastic play on iron ore. Just wanted to production in the 3rd quarter. Projecting about 8 million tons. Looks undervalued by about 40%. Looking to expand to 16 million tons.

Dennis da Silva

Owned

Unlock Rating

$9.760

Stock price when the opinion was issued

metal mines

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

PAST TOP PICK

(A Top Pick July 20/09. Up 115.08%.) Has some good room ahead of it.

PAST TOP PICK

(A Top Pick Sept 28/09. Up 83.46%.) A pairs trade with Vale (VALE-N). Collapsed the trade when the catalyst came.

DON'T BUY

Iron has had a good run recently. Here you are really dealing with eh vagaries of the commodity market. There is a theory of demand from China for steel. He thinks it is ahead of itself and would not buy at these levels. But is a good company for the long term.

COMMENT

Iron ore. Sold his holdings when it spiked up after the takeover bid. Felt there wouldn’t be a 2nd bidder.

PAST TOP PICK

(A Top Pick June 1/10. Up 116.98%.) In the process of being acquired by Cliffs Natural Resources (CLF-N).

PAST TOP PICK

(A Top Pick July 23/10. Up 119.47%.) Acquired May 16/11.

PAST TOP PICK

(A Top Pick June 23/10. Up 122.29%.)

PAST TOP PICK

(A Top Pick July 23/10. Up 119.47%.) Acquired by Cliffs Natural (CLF-N) in May/10.

PAST TOP PICK

(A Top Pick Oct 14/10. Up 76.74%.) Got taken out.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Dennis da Silva Consolidated Thompson Iron Mines Ltd. CLM-T TOP PICK Oct 14, 2010

You might be interested:

Consolidated Thompson Iron Mines Ltd.(CLM-T)

Consolidated Thompson Iron Mines Ltd.(CLM-T)

Consolidated Thompson Iron Mines Ltd.(CLM-T)

Consolidated Thompson Iron Mines Ltd.(CLM-T)

Consolidated Thompson Iron Mines Ltd.(CLM-T)

Consolidated Thompson Iron Mines Ltd.(CLM-T)

Consolidated Thompson Iron Mines Ltd.(CLM-T)

Consolidated Thompson Iron Mines Ltd.(CLM-T)

Consolidated Thompson Iron Mines Ltd.(CLM-T)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Bruce Murray

The Panic-Proof Portfolio (Stockchase Research)

The Weekly Buzzing Stocks by Billy Kawasaki

Chris Blumas

Stockchase Insights