For the value chasers, "Polymetal" (russian silver and gold mining company, listed on the LSE code poly) is trading on a pe of 1, yes share price = last year's earnings!
If you're thinking of following the "smart money" like Redrock, they doubled their stake (to over 10%, serious money) in Polymetal a few days ago after the share price dropped 70% to about £340. Price now?...£177.
Catch a falling knife? No, I'm not recommending anything.
