Wow! Nice little run!I've been away from FM for a couple months cause I got caught holding NGas when it ballooned and had to wait 'til now to get out. Still shorting oil and gas as I believe oil in 40's and gas @ 2.75 is coming up. Lots of volatility in energy stocks like FM used to be. FM was trading around 13.80 just 3 months ago and is now up almost 3$ or 18%! Pretty good return and I see Td and others have targeted FM @20!!! Copper way up this year should mean new contracts will reflect much greater profits and a good year for FM! I'm taking a small long position, but I will wait for a little pull back, before adding, because it's getting more expensive to play here!
I still think we're way underpriced here and Thurs earning will blow the .11 estimate out of the water. This should be a great year for FM if copper holds and nickel is getting squeezed too! glta