……with so many PM stocks wallowing in a directionless pit, I’m going to try and watch how certain PM stocks react to their earnings reports ( all of us know that the Cartel has their boots on certain mid to large cap PM stocks to keep institutional money from entering this space). NEM initially reacted very poorly to their earnings announcement a few days ago, but has been showing some signs of life. First Majestic’s quarterly earnings are announced tomorrow (median estimate is for a loss of .02).
Hopefully we’ll start to see consistent higher quarterly earnings from more PM companies. We have to see this if there’s any hope for money managers to start to put more $ into this sector.
Will be watching
No Comments
No comments yet.
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.