Post by
Vic_Money on Mar 08, 2011 3:52pm
Going to get ugly
Analysts on BNN said the crisis in Libya which is responsible for the market instability is unlikely to end anytime soon, and said we could be in for several months or more of market instability. That means all commodities will likely continue to slide for a long time yet.
Comment by
teheran10 on Mar 08, 2011 5:09pm
That's a bs, if anything, the commodities should go up not down. Watch the market bouncing back next week! Copper price way too depressed right now. This is a great price to get in at these prices!!!!!!!!!!!!!!!
Comment by
straghunter on Mar 08, 2011 6:00pm
I tend to agree. HMG has around 10 analysts with targets ranging from $5-$6. I smell a rebound very soon. Also, notice how management has not commented . Everytime the price has dropped significantly over the past 12 months, management has responded with an email or comment on the share price. Interesting.
Comment by
Vic_Money on Mar 10, 2011 3:11pm
Hate to say I told you so, but I told you so.