milachka RE: Back of the envelopeThank you for correcting my missed assumption on the percentage of ownership CS has of SST...Based then on our collective corrections a number like $3.15 comes up as a good value for CS, a number we're 10% or so below...
Frankly, I don't see quite the dynamite move brewing up for this stock as I had, though I'm certainly going to stick around through the earnings. We obviously need multiple expansion, higher copper prices, a good move out of SST and a pleasant surprise from the earnings report with bullish guidance to get to new highs....Today we closed again below the 200 day simple moving average, down almost 15% on the week....OUCH...There are still lots of economy bears out there thinking base metals are going down...