Quote:
Originally Posted by cRiPpLe_rOoStEr
I didn't know Vale had nickel mines, but the costs of the remediation measures after the Brumadinho and Mariana incidents sure had an impact on the cost of the stakes.
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That has severely impacted the value of the stock, as such it it quite cheap for a company of its size and potential. I expected a high risk, high volatility stock; should work well with my strategy.
The risk is still there but the volatility is lacking, so it might not have been that smart after all. But it could change any moment, it could have a Rocket week.
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