OTCPK:CPPMF - Post by User
Post by
parachuteon Nov 01, 2013 5:54pm
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Post# 21870004
Thinking of adding more
Thinking of adding moreI never recommend trying to average down on losses but I'm thinking of purchasing more CMt just because it seems so obvious this company is ignored and undervalued by the market. Last quarter CMt realized 11 cents profit per share. Over a year, 44 cents. Put an 18 times P/E multiple on that and we're looking at a real market value of maybe $7. Add in the new crusher and maybe - who knows - purchasing adjacent prospects. And this stock is less than $2? Probably worth the wager.