Eugene David ...The One-Minute Pundit |
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Friday, May 20, 2011
Alakazam, alakazoom, presto chanego, and...
"Basically the valuation looks a little bit rich. They worked very hard to get a favorable price and one could argue the only reason it was up yesterday was support from the sponsoring banks," analyst Nik Stanojevic at Brewin Dolphin said. Aw c'mon, Glencore! Your bankers couldn't pull an overpriced rabbit out of the hat?
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