By Karim Rahemtulla “Hi Ho Silver, Away!”
Those who used to watch The Lone Ranger will understand my intro. But even if you missed the connection, War Room members certainly didn’t.
A couple of weeks ago, members entered a spread trade on Coeur Mining (NYSE: CDE), a producer of silver and gold. Now, I don’t really like Coeur Mining as a long-term, fundamental play. It’s not as well-run as most other metals-producing companies. The management has diluted shareholders with capital raises and missed estimates consistently.
So why did we trade Coeur Mining in The War Room and make a bundle from it?
It’s about sentiment and finding …read more
