Post by
samsons on Jan 14, 2015 12:37pm
I wonder how low it will go
Considering there most likely wont be news for another month.
Comment by
zibo on Jan 14, 2015 12:40pm
Price of copper will be a factor IMO.
Comment by
CQCmaster on Jan 14, 2015 12:42pm
You have to realize that cheap oil will also make production cheaper for the miners
Comment by
zibo on Jan 14, 2015 12:53pm
I am still following this play, I think there might be good returns here, just waiting for the right time to get back in, if and when the right buy signals turn up. Nasty market right now.
Comment by
samsons on Jan 14, 2015 12:59pm
I will probably be buying more at some point too. I just don't think its done going down yet. Every time it looks like there might be a floor, the bids are taken out by the millions in one shot. Hopefully we are done dropping today but the week isn't over and copper continues to tumble.
Comment by
aweigh on Jan 14, 2015 12:59pm
Yes it's terrible, I wonder what Warren would do, buy when assets are cheap and people are freaking out or wait until assets are expensive and everyones feeling great ! Hmmm, what a dilema !
Comment by
zibo on Jan 14, 2015 1:07pm
I would rather buy this back @ a higher price after it has been trading real solid than take a chance catching the bottom now, I've tried to catch falling knives before and got cut bad, sometimes there's bad news behind a dropping stock, that nobody finds out about until it's to late. If a certain pumper disappeared from this MB I would feel better about this stock JMO.