yes ,CDE always has been ,I figured that out 20 years ago..
CDE is a floating turd
in the toilet, this stock has the worst management any of us could try to imagine…a bunch of snakes
CDE lays an earnings egg-silver is down 28 cents-yet CDE is down 3.5. cents-my AUY. is down. a nickle-
Coeur Mining (CDE – Free Report) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -10%. A quarter ago, it was expected that this silver mining company would post a loss of $0.05 per share when it actually produced a loss of $0.11, delivering a surprise of -120%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Coeur Mining, which belongs to the Zacks Mining – Non Ferrous industry, posted revenues of $162.12 million for the quarter ended June 2019, missing the Zacks Consensus Estimate by 0.76%. This compares to year-ago revenues of $169.99 million. The company has not been able to beat consensus revenue estimates over the last four quarters.
The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.
Oil & GAS
The smaller ,but quality OIL & GAS are giving BUY signals like”CRZO” and “SM” ,probably because they have been oversold too much ,ready for a bounce …Their charts look like the “GUSH” CHART ..
Oil Service Stocks
18 of 21 oil service stocks I follow are UP today ..What does it mean ?they were at the bottom of the oil business..
I expect that the bottom in GUSH
maybe a slow rise and not as the NAME “GUSH”implies ..dont get too excited by the bottom .Dont bet the farm on it..politics is more at play than commodity …
Ororeef
Re yr 155 17 Aug
I reckon that has to be the greatest Saucer bottom. Cup and Handle of all time….now if the shorts were really forced to cover, it would trade like it was.
I dont think its just a supply problem in oil
,its a POLITICAL problem ….Low prices buy votes ,mid easteners dont have a vote ! After the election oil will soar ! The oil Service companies are preparing now indicated by todays rise in service index . plan ahead…,but DONT overthink everything .BUY when technical sez buy ,then watch for sell signals ! thats all you can do ..
I dont like reverse splits ,have they pre announced any for GUSH ?
it usually limits the number of new buyers because of the HIGHER Price ,like JNUG
Ororeef–one always sees these articles at a bottom=GUSH fell from $40 to $2.81–doesn’t the writer see that his. “bad news” has been fully. discounted?
Traders Like This Oil ETF—That’s Not Good For E&P Stocks
The energy patch has been punished this month, particularly the volatile exploration and production stocks. Just look at the widely followed S&P Oil & Gas Exploration & Production Select Industry Index (SPSIOPTR), which is lower by more than 12% month-to-date.
What Happened
Last Friday, that index added almost 3.2%, but it still lost nearly 4% on the week. The primary problem for exploration and production companies this year is that the U.S. is awash in crude and is pumping at record highs, relevant because most E&P firms operate in the U.S.
The thing is, the world’s appetite for oil is projected to wane over the near-term amid intensifying recession fears for major global economies. Even the Organization of the Petroleum Exporting Countries (OPEC) is paring its 2019 global demand outlook.
Why It’s Important
Last week, in the midst of mounting fears around an impending global economic slowdown, OPEC trimmed its global oil demand forecast. “The cartel also highlighted challenges in 2020 as rivals pump more, building a case to keep up an OPEC-led pact to restrain supplies,” reports Reuters.
Those headlines contributed to a 10% tumble on Friday for the Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares DRIP 8.41%. However, underscoring the bearishness in the E&P space, DRIP still gained 8.48% last week. DRIP looks to deliver triple the daily inverse returns of the S&P Oil & Gas Exploration & Production Select Industry Index.
Data suggest traders have been embracing DRIP. For the 10 days ending Aug. 15, inflows to the bearish energy fund totaled almost 34% of its assets under management, the highest percentage among all leveraged Direxion ETFs, according to issuer data.
What’s Next
Here’s where things get interesting. The Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares GUSH 8.25%, DRIP’s bullish counterpart, has been adding assets, too. Traders faith in GUSH was certainly rewarded last Friday when the fund jumped 10% on above-average volume.
For the aforementioned 10-day period, GUSH saw inflows of $47.7 million, a total surpassed by just three other Direxion ETFs. Still, recent price action suggests, DRIP or the sidelines are the places to be when it comes to E&P stocks.
A friend of mine said he thinks GUSH is a corrupt product snd beware in general of Direction products
I dunno bout. that. but I think it’s great risk/reward–
R640 yes, I think it made a bottom @2.91
I dont want opinions ,thats my personal view,I got a SPIKE in its GoldRatio and thats usually correct in making bottoms.My Renko chart will probably follow tomorrow since its filters have slight delay
Ororeef–So would u be a buyer of GUSH at 3.44
GUSH’s 4th split took place on May 01, 2017. This was a 2 for 1 split, meaning for each share of GUSH owned pre-split, the shareholder now owned 2 shares. For example, a 50 share position pre-split, became a 100 share position following the split
On April 22nd 2019. GUSH was 13.42—On Oct 1st 2018 it. was 40.36
Looks like OIL SERVICE stocks have Bottomed
maybe winter demand is coming for Fuel to keep WARM ! thats not a choice like gasoline is !
R6 – Nice Call, timely
Gotta love those trades that payoff handsomely on the first day.
Gold Train
C&NW “Vee-Face” locos were the first ones
I remember coming past my childhood home.
https://railpictures.net/photo/706792/
Jihadi JACK kicked out of Briton ,stripped his Citizenship ..here!..here!
The IS fighter known as Jihadi Jack has been stripped of his British citizenship, sparking a furious diplomatic row with Canada.
Muslim convert Jack Letts, 24, had held duel UK and Canadian citizenship but declared himself an ‘enemy of Britain’ after fleeing his Oxfordshire home to fight in Syria.
After being captured by Kurdish authorities, he begged to be allowed back to the UK and, despite previously saying he wanted to be a suicide bomber, insisted he had ‘no intention of blowing up’ Britons.
But The Mail on Sunday can reveal that the Home Office has torn up his British passport, making him the responsibility of the Canadian government.
I think this BORIS GUY is off to a good START ..!