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Started By
Message
3
Posted on 3/13/14 at 11:22 am to SouthOfSouth
I think certain miners are currently undervalued based on futures contracts. I also think uranium is undervalued for a long term play. I'm in both sectors right now currently. Long term, and some short term paper trades. Both have proven to be profitable recently.
Posted on 3/13/14 at 11:22 am to SouthOfSouth
quote:
you know if anyone tells you something is unjustly undervalued they are just guessing.
This.
Posted on 3/13/14 at 11:27 am to SouthOfSouth
quote:
you know if anyone tells you something is unjustly undervalued they are just guessing.
I don't necessarily agree with this 100% There are etf's that trade below their true NAV every day of the week. To me this is undervalued. That's not to say they will increase pps to reach true NPV or NAV, but they are clearly undervalued as you're buying something at a discount to it's true value by one measure.
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