Vale S.A. (VALE): A Bull Case Theory 

We came across a bullish thesis on Vale S.A. on R. Dennis’s Substack’s Substack by OppCost. In this article, we will summarize the bulls’ thesis on VALE. Vale S.A.'s share was trading at $14.11 as of January 13th. VALE’s trailing and forward P/E were 10.94 and 7.17  respectively according to Yahoo Finance.

Vale S.A., together with its subsidiaries, produces iron ore and nickel in Asia, the Americas, Europe, and internationally. The recent purchase of 6,500 call options on Vale S.A. (VALE) with a $17 strike price expiring January 15, 2027, represents a high-conviction...