RE:RE:RE:RE:RE:RE:RE:RE:RE:Q looking goodI have noticed that copper companies in general have not responded to the latest rise in the price of copper to the same extent that they did earlier this year.
The price of copper is higher than it has been for over two years and has been trading above 2.40 for over six months, so we should be seeing many 52-week highs being set at the moment, but that is not occuring. In fact, a bunch of companies are trading closer to their 52-week midpoints.
People are skittish this time around for whatever reason. I'd be interested to hear some reasonable opinions as to why this is the case.