RE: RE: RE: RE: RE: RE: Hey aaaaaargh! Now that, my friend, is EXACTLY what I am saying. WFE is NOT a bad company but it is currently fairly valued at this price. The numbers I provided were just meant to show exactly that. AND I agree that the best upside at the current time is the hope of a buyout especially when management has openly said that they are welcome to the idea. For me, I prefer fundamentals (especially with a buyout possiblity), but at this price, the stock is not "cheap". Of course, we will know more with the year end and fourth quarter results. On a strong beat, they most certainly will go higher as would ANY company. Ps. I really follow a limited number of stocks at any given time (like 20) and Sherritt is one of them.... Ambotovy is a HUGE project and has a long life. Metal is to start being produced this quarter but the project is still only expected to be cash flow neutral for 2012. The part of this project which I am stuggling with is this.... It will produce HUGE amounts of nickel and the nickel market itself is not large compared to various other metals. I am trying to deduce whether or not their own massive production will end up flooding the market and killing the price/pound of nickel.... I have done well with sherritt in the past as well so it is definitely worth taking a hard look at.
As always, good luck to everybody in their trades...