Post by
Cobalt on May 22, 2024 10:35am
Short Squeeze over and right at seasonal weakness
The phrase "duck and cover" might become quite unpleasant for a few months, but there's nothing wrong with securing some quick substantial profits.
Comment by
Investor1995 on May 22, 2024 12:33pm
Not a bad idea. Pretty big drop today along with other copper stocks but the volume doesn't seem substantial so would that be a good thing? Not a lot of buyers to pick this up but not a lot of people selling either... I'm too hesitant to swing trade or worry about when k should've bought or sold
Comment by
JRockford on May 22, 2024 1:11pm
Unless you need the cash or think you are smarter than Wall Street, name another investment that has 3-5x potential in the next 2-4 years along with maybe an outsized dividend? And, of course, IVPAF has real tangible assets...
Comment by
Cobalt on May 22, 2024 1:21pm
Being smarter than Wall Street when it comes to commodities isn't very difficult; they tend to all crowd on one side of the market. When the commitment of traders reaches that point, it's time to express gratitude until the market stabilizes.
Comment by
JRockford on May 22, 2024 4:57pm
Good luck w that strategy.