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Gold/Mining/Energy : Coeur d'Alene Mining (CDE)
CDE 3.740+2.2%May 24 4:00 PM EDT

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From: Texas772/28/2009 10:22:22 AM
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In light of yesterdays earnings report I think CDE deserves a post. They earned a penny when analysts were predicting a loss. S&P recently downgraded them from B- to CCC because they said they expected them to have cash problems next fall. I think the release shows that won't be the case. Once S&P upgrades them (at some point will have to happen if CDE reports are true) CDE should get a nice pop. The shorts should start to cover soon. All I can see is upward pressure for the coming months even if silver continues retracing a bit.

Anyone else out here with some analysis?

Thanks ... Dave
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