Tom Szabo

Nine Stocks Selling Under $3 a Share

Things will be challenging at CDE for quite some time. Palmarejo is the key to unlocking value but there is about a 1-in-100 chance that initial results will live up to the hype. In other words, there should be plenty of opportunity in the months ahead to buy CDE at fire sale prices. Once Palmarejo is a stable producer and the stock is over $3.50, I'd consider that a safe buy zone. Between now and then, this is a trading stock.