GREY:CCZFF - Post by User
Comment by
Techsavyon Oct 08, 2010 6:33am
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Post# 17544034
RE: UCU
RE: UCUHi Green,
I watched a Fund Manager on BNN the other day, talked again about a REE bubble. He was long Molycorp (anticipated production in 2011) and short AVL in a pairs trade (AVL will miss the REE boat as it wil take 4 years to get into production)
If you own any of these late blooming REE penny darlings, you must be nimble and keep stops. UCU just broke through it's upward trendline, not a great sign......
For what it's worth