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penny_dragon

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penny_dragon

Re: None

Wednesday, 04/02/2014 1:35:30 PM

Wednesday, April 02, 2014 1:35:30 PM

Post# of 795
Commodities Today: Spin-Offs, Iron Ore And Equipment Makers That Are Buys

With that said, JPMorgan did say that it was still bullish on Vale (VALE) and has a price target of $24/share - almost double the current share price. Driving that bullishness is the fact that Vale has a lot of low cost production and would become breakeven even at $78/t iron ore prices.



http://seekingalpha.com/article/2122543-commodities-today-spin-offs-iron-ore-and-equipment-makers-that-are-buys
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Volume:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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