Getting ready to short IVN againI see the COPPER FUTURES HAVE TAKEN A HIKE TODAY MUST BE SOME NEW TRADERS GETTING CONNED OUT OF THEIR MONEY BY THE PEOPLE COLLECTING COMMISIONS.
Must be why IVANHOE stock is climbing cause there is not one good reson for it to go up when it is all ready trading for 3 times plus more than what it is worth.
JAN 22 I POSTED IVN AS A SHORT AT $16.75 AND SOME ON HERE GOT NAME CALLING ME WHICH DON'T BOTHER ME.
FEB.11,2010 AND IVN HAS BEEN ALL THE WAY DOWN TO THE $13 DOLLAR RANGE AND TO DAY HAS FINALLY REACHED $15. FOR A BIT.
Remember they said last fall it would take $3 Billion to build the mine now they are saying $5 Billion to build and Ivanhoe has no where near that. Ah sell some more of the possible mine or sell more shares of Ivanhoe stock further dilutting shareholder value. Do you still think Ivanhoe is going up? I don't not till the money is raised and the final go ahead from Rio Tinto who just said today they are expecting to start this summer on OT in Mongolia and the mines new costs are refigured due to Time lag, but than IVN might be headed down cause the price of the stock might be way higher and to diluted than the expected return. IVN just might be a great short.