Patterns Don't post much but I thought I would share this tid bit of info, I read about it on another board , basically I guess its public knowledge that Funds cannot hold on to a stock that trades below a dollar , don't ask me why but take a look at the 3 Mo chart , you will see that when the SP hit 1.00 we had Hugh volume. Coincidence , maybe! and then again maybe not. Of course the direct effect of when this happens is that the small guys get spooked and sell which is probably what happened.
I am long on CMK and losing a ton of cash since I can't avg down but I will stick this out because as many of you have already said they have the goods in the ground and have the ability to pull it out.
Commodities are cyclical , it will get better, may have to wait awhile but it will get better.