Strategic Metals

SMD-X

Analysis and Opinions about SMD-X

Signal
Opinion
Expert
COMMENT
COMMENT
August 6, 2013

He is tempted to buy this because it is selling at a discount to the cash and securities in the company, and you get the assets for free. The thing that holds him back is that this has undergone a strategic change. At one point they were a prospect generator, using their acumen and other people’s money. As a consequence of them having so much money, they are now using their acumen and their own money, which is not a strategy that he is particularly enamoured with.

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He is tempted to buy this because it is selling at a discount to the cash and securities in the company, and you get the assets for free. The thing that holds him back is that this has undergone a strategic change. At one point they were a prospect generator, using their acumen and other people’s money. As a consequence of them having so much money, they are now using their acumen and their own money, which is not a strategy that he is particularly enamoured with.

COMMENT
COMMENT
July 8, 2010
Metals/mining sector is not the best place to be right now. This one looks like it's bucking the trend. Chart shows a decent uptrend and shows little “step-ups”. If it broke down through the current price, it would probably hold at $.50.
Show full opinionHide full opinion
Metals/mining sector is not the best place to be right now. This one looks like it's bucking the trend. Chart shows a decent uptrend and shows little “step-ups”. If it broke down through the current price, it would probably hold at $.50.
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