Registered: Nov 2005 Posts: 111
Anyone trade this stock? With the run in Copper, Silver and Gold why has it been held down so much, underperforming other miners? Seems like anytime $13 is broken it gets taken right back down, anyone have any color? Thanks.
Registered: Jul 2004 Posts: 8413
Quote from sledged: ----the run in Copper, Silver and Gold.... ----held down so much.... ----underperforming other miners? Is the company "overhedged" on its production and not participating as much in the rally?
Quote from sledged: ----the run in Copper, Silver and Gold.... ----held down so much.... ----underperforming other miners?
Registered: Sep 2008 Posts: 72
Its a heavilly daytraded stock with lots of shares
Registered: Aug 2008 Posts: 3477
I own it for a year now and It has done absolutely nothing. What a complete and utter dog. I'll probably double my position in it just to show the markets I will not get pushed out of my position.
its been rangebound for the last 2 years and will most probably stay that way. Go long at 12s and short at 13s
Registered: May 2008 Posts: 1421
Quote from Debaser82:I'll probably double my position in it just to show the markets I will not get pushed out of my position. I love ET, man you make my day.
Quote from Debaser82:I'll probably double my position in it just to show the markets I will not get pushed out of my position.