Are shares of Bucyrus International Inc. (BUCY) a worthy buy at present level?
Bucyrus International, Inc. engages surrounded by designing, manufacturing, and marketing draglines, electric mining shovels, and rotary blast-hole drills used for surface mining. It also provides aftermarket replacement parts and services for its machines. The company's equipments are used for mining copper, thermal coal, metallurgical coal, grease sands, iron ore, molybdenum, phosphate, bauxite, gold ingots, diamonds, and uranium. Bucyrus International also offers engineered replacement parts, continuation and repair labor, technical proposal, refurbishment and relocation of machines, structural and mechanical engineering, non-destructive carrying out tests, repairs and rebuilds of contraption components, product and component upgrades, turnkey erections, and equipment operation and management lower than long-term maintenance and repair contracts.http://finance.yahoo.com/q/pr?s=BUCY
Answers: keep on till the day they drop down within the 60 to 80$ per share price, then it would be knowledgeable for you to go contained by, looks like a obedient company to me, however do more research in the be set to while.
With a P/E ratio half-as-much-again as the other businesses in their pasture, the numbers suggest this might be a very BAD buy at current level. They have have a good recent quarter, and that seem to have pushed their price up further than might be merited.
http://finance.yahoo.com/q/co?s=BUCY
But if you close to 'em, buy 'em!
We are at the peak of the commodities boom and BUCY stock reflect that. Peak are normally followed by busts and BUCY will experience that when it happen.
What are the most accurate signs that a flea market or surety is bottoming?
I haven't been contained by the market for tons years, but I remember that increase of volume without further upside progress portends a top, as capably as the head and shoulders graph, or I suppose a double top. I know that an upside down boss and shoulders or a double bottom signifies a bottom, but what are the other signs?Answers: When the Fed cuts rates and one of the first things to recover are Financials and Retail - you know you've probably reach the bottom. Have you seen financials lately? Wow! Plus we've gone down over 10% - which is a inherent market correction - scare the hell out of all of us, but its remarkably normal (and a upright time to buy). Usually have these 10% corrections every decade or so, eventhough, we've have two in yesteryear decade.
Volume.
Institutions starting to buy.
Insider buying.
V shaped bottom.
One to three days of intense selling, immediately followed by equally intense buying.
It happen just finishing week. Look at the charts for the Dow and S&P.
Don't confuse "temporary" bottom (last week) beside "the" bottom.
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Consistent volume on the salvage side
Reduced volatility
Exhaustion of short selling / recalls of "loaned" stock for short sale
Is it possible to invest in a Canadian tracker fund as a UK resident / citizen?
Answers: As the poster below says you can invest anywhere as a UK citizen. I do however disagree with the Canadian Tax issue. IF you invested through a UK company such as AXA, Prudential etc you have no exposure to Canadian Tax.
In UK there are no restrictions about investing any where you want. But if you do, you will have the problem of offsetting any tax you pay in Canada against your tax liability in UK. I do not think it is worth the bother.