We've been following NovaCopper (NYSEMKT:NCQ) for almost a year now, since well before our April 16th article. While the stock has sold off irrationally, intrinsic value is now at an all-time high. This is a uniquely attractive opportunity to buy the stock cheaply.
Over the last week, NovaCopper shares have fallen from $2.00 due to 1) an index ETF selling millions of shares 2) a misguided negative article 3) tax loss selling by outside investors. Together these events sent the stock down a whopping 30%.
This brought shares to an all-time low, yet NovaCopper is more valuable than ever before. The company's copper reserves continue to grow as drilling results have been strong and the company continues...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|