Dan Ives & The Face Of The Market... All of these guys choked. and or lied. I listen to Ives a lot. Wrong about all of this...
Taseko has been my main copper trading stock for years. My main worry is can it break all time highs and the stickiness when it hits $3.50 area Cdn lately. Lundin can be an extremely difficult stock to trade it's been relatively weak in recent weeks I prefer Hudbay. ERO I traded a lot in the last Copper bull it definitely has nice torque to high Copper prices. Small caps could be an even better play here. I believe Surge rallied because a peer got taken over. The theme I hear is some smaller miners will likely be bought out. Many of them have low capital to build the mines themselves. They all sold off some on Friday which looks like a short term buying opportunity to me.
NINE ERO LOOKS TASTY! COPPER IS SOARING & ERO IS DIVING? SOMETHING DOESN'T ADD UP. 1 YR DOWN 36% YES PLEASE!
Ero Copper Non-GAAP EPS of $0.17 misses by $0.04, revenue of $122.5M misses by $6.32M NewsThu, Mar. 06 -->Stk went up on this miss from $12-$13
ST- $16.00<------- LT- $20.00<------- GBA Upgrade-->ERO Ero Copper Corp. $12.24-0.83(-6.35%)4:00 PM 03/28/25 NYSE |$USD |Post-Market:$12.24 7:40 PM
Driven car wash business sale removes 'meaningful overhang,' says Stifel » 02/25 DRVN Stifel analyst Chris… Driven Brands to sell U.S. car wash business for $385M » 02/25 DRVN Driven Brands Holdings Inc. (NASDAQ: DRVN) (“Driven Brands” or the “Company”), the largest automotive services company in North America, today announced that it has entered into a definitive agreement to sell its U.S. car wash business to Express Wash Operations, LLC dba Whistle Express Car Wash (“Whistle”) for $385 million. “This transaction will enable Driven Brands to reduce debt and enhance our focus on our growing Take 5 Oil Change® brand and our stable, cash-generating franchise brands,” said Jonathan Fitzpatrick, President and Chief Executive Officer. “This decision follows a deliberate and thoughtful strategic review of value-maximizing options for the U.S. car wash business, and we are confident it will better position the Company to execute on our strategic initiatives and deliver long-term value to our shareholders.” Cash proceeds from the transaction will be used primarily to pay down debt as Driven Brands works to achieve 3x or less net leverage by the end of 2026. Under the terms of the agreement, Whistle has agreed to pay Driven Brands $255 million in cash and deliver to Driven Brands an interest-bearing seller note in the principal amount of $130 million, subject to customary adjustments. The transaction is expected to close in the second quarter of 2025, subject to customary closing conditions. >>>>>> This Whistle competition for Mr car wash?
He's bringing some of that Trump Atlantic City casino action to the NA auto industry. The problem Trump has if he harms enough industries short term it could cause a cascading negative impact on stock market indexes and the economy that builds on it's own momentum. No North Americans getting laid off are going to leave most of their money in the stock market when it's dropping 5-10%. By the time he realizes it's a problem, it will be too late. No amount of whining about the Fed or companies is going to help him. And when he reverses course to some degree, his base will question why what about all the wonderful longer term things he promised if they took on some short term pain. Hard to say what he'll do his ego may lead him to let the tariffs run and ignore the impact.