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Alias Born | 09/23/2006 |
Thursday, May 29, 2008 9:04:43 AM
* What we need for AUY to move up significantly is definitely higher ROE. If both net income and cash flow continue to improve by the same margin as Q1 then I think the institutionals will be all over AUY and that's what would move Yamana, certainly not the retail day traders that flip flop constantly. I'll wait to see Q2 results though before I get too excited about AUY lol. I want to see consitency.
Position: Long a small position in AUY
*NEVER borrow ANYONE'S conviction. Do your OWN HOMEWORK before buying any stock and NEVER trust to hope. Hope holds no place in investing.
ALOHA
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