OTCPK:CPPMF - Post by User
Post by
vchesaron Aug 06, 2014 7:01pm
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Post# 22815646
What a Plunge in Stock Price
What a Plunge in Stock PriceCopper mountain acheved its year high of $3.15 only three weeks back. Is it the result of Technical selling that triggered the recent selling pushing the price down to $2.52 today?. We are still above the 50 day moving average. May be that should help the stock move higher. Copper Mountain declared record 2nd quarter production on July 9th. However, it appears that investors are still not convinced. Hoping 2nd quarter financial results help the stock move back to higher level. However, the overall markets, especially the commodity prices, does not look that helpful yet. GLTA