NCM
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0.00% $23.35 newcrest mining limited

Short The Highs, page-5

  1. sydneyguy
    13,079 Posts.
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    25/05/16
    08:27
    Post #: 17857977
    Need balls of steel to keep buying and accumulating zero yield trading at well over 30 times eps which is clearly pricing in much higher prices and which has big hedges in place

    Should be a wild day with option expiry coming and many in the money call options ( leverage ) about to crash to the floor
    NCM Price at posting: $20.05 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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