TSXV:AAA.P - Post by User
Comment by
Happykisson Feb 05, 2011 11:02pm
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Post# 18082870
RE: RE: Adding to my shorts of AAA
RE: RE: Adding to my shorts of AAAQUX management has mismanaged the compapny for a while now. They are behind the curve. They clearly did not see the rise in the copper prices because of the recession, but the cooper is there. This stock is 5 in short position among the TSX companies and is also among the only 2 mid tear cooper companies in canada next 2 Lundin/ Inmet. Short Squeeze might be just around the corner if the copper price stay high and they bit their lower guidance.
As for AAA short, I am comfortable with that. Should this hit 3, then I cover. Reminds me of corel many years ago, I went short at 16 and went to 33 and then collapsed from there. I was also successful with shorting JDU.