or.... Teck Resources TECK: Vancouver-based Teck is a significant copper producer in the Americas, with four operating mines in Canada, Chile and Peru, and copper development projects in North and South America. The firm’s Quebrada Blanca Phase 2 (QB2) copper project surpassed the half-way point in April. Once completed, QB2 will transform the company’s copper business, making it a major global copper producer. The company anticipates to produce 275,000-290,000 tons of copper in 2021, higher than 257,500 tons in 2020.
Hey Van I could use your thoughts here-- There's some debate as to whether I should of sold CFLT today @$70 considering we just brought this the other day at $62. I said here hold to earn so I did not feel comfortable giving the HF the Ok to sell./ But now I'm having some second thoughts because I made up all my losses on CPNG in a couple days and now I could just slink back into CPNG and nobody knows the better... Torn. My original PT for CFLT I have forgotton.
Well, if I'm wrong you'll yell at me lol.... but I think you should keep it. I mean if you sell it now, it's at $68., but with said, if the high fliers weren't gonna go back up, they wouldn't be up today. I sure wouldn't sell it here at $68. It's definitely going back up from here near term at least. It doesn't have a lot of volume, 500K, there'd be more sellers, and it has flatlined for a few hours. I say hold on. Now granted CFLT has had quite a run.
NO I NEVER WOULD I'M JUST LOOKING FOR A SOUNDING BOARD-- THESE GUYS TOLD ME TO SELL AFRM ABOUT 40 DOLLARS AGO....
ALRIGHT BDSI DIPSY UPDATE-- The 10:30 virtual analyst day must be wrapping up. No stk movement at all--. Lets assume just now the calls are going out and we should see an advance start 1:00-- 2:30. That's if guys went running to the phones... maybe I'm just dreaming....
Hey Van nice call on SCCO-- SCCO Southern Copper Corporation 62.32 But you are not giving folks the whole story- this has a big Div 6%. (I think) Way back in the day I made amazing trade on this stk I think it had a different symbol then... 2005 or 2006 the stk was $9-$10 and had a huge yield, it may of been north of 11% and I got every dividend and the stk tripled!!!! HUGE TOTAL RETURN MONSTER... I don't see why this won't go to$65-$70.
Interesting action on PINS today. Co Founder up and left I would of thought down big- PINS Pinterest, Inc. $53.17 +1.60
Ya know.... Did you see how the airline sector sold off yesterday because Delta said "profits ahead may get hurt by high fuel costs". Now, that is not some earth shattering revelation. I mean gimmee a break here. The same funds and PM's that were buying this thing over the last month and ran it to almost $46... are you telling me they needed a conference call to learn that little fact(?)... that high fuel costs adversley affect an airline's profits. What a joke. Even they're not that stupid. The airline analysts are well aware of the cost of jet fuel and what it does to the cash flow. They didn't need Delta's ceo to point that out. So where am I going with this? Yesterday's sell off was a joke. If oil flattens out, or better yet starts dropping, DAL is a steal here at $41. Pfff. That's too funny.
Speaking of.... Stoney do you own one of those trucking stocks? XPO or the one they spun off? I think JB Hunt reports tomorrow. They'll probably say the same thing. Fuel. Pretty obvious. I would say sell your position, but as these things go, the trucking stocks will probably all soar tomorrow.