First Quantum Minerals (NASDAQOTH:FQVLF.PK)

dantefromsomm (< 20) Submitted: 11/27/2009 10:47:29 PM : Start Price: $15.31 FQVLF.PK Score: +2.13

I think mania has driven this stock back up since its low of around 15$ after the crash.The mentality of "it was huge before , it should go back up", has driven it. The latter is madness.A stock will go back up if it has a reason.This one does not. Here on capes the p/e is zero because they dont have any earnings per share, without earnings per share its trading at almost 3 times book value.No insiders have bought back in at the low because they no they shouldnt have.This one is a plane waiting to crash.