Understanding shorts and bears. Just a small chunk of basic investment information that most people should know, but if you don't, can help understand the bickering and wild predictions on this and similar message boards.
when you see predictions on this board of future price targets, and opinions about where trends could go whether up or down, they may be educated guesses or conclusions formed by research. When you see an extreme prediction either MUCH higher or MUCH lower it helps to read the persons post history. In the case of IQINVESMENTS, you can see that he/she makes extremely bearish claims on copper pricing and associated lines very frequently. Interested investors don't go to that kind of effort to influence people, so you can tell that they have an agenda to push. It's fairly safe to assume that they have a sizable short open on these copper mines and is being squeezed hard right now with the recent rebound.
a short is when you borrow shares from your brokerage, with an agreement to pay for them at a later date. For example, if IQINVESTMENTS borrowed 1 million shares of CMMC at a perceived value of .30 or $300,000. If the share price went up to .6 per share, the value of his borrowed shares would then equal $600,000 and he'd owe the brokerage an extra 300,000. What appears to be happening is a desperate attempt to influence share price to drop lower by spamming message boards feeding doubt and dispair.
Because of the large amount of shorts open on copper mountain right now, it would be smart to read post history before you take anything seriously, even if they have a smart sounding name.