RE:What is holding this stock back?BigCountry wrote:
what is holding this stock back? Copper price holding about 4.30, what gives?
Certain traders are most likely using the latest news of a dramatic decrease in sales that will ultimately negatively effect Q4 earnings to their advantage during this period. While we understand that production amounts are obviously more important, the situation still lends to traders making money until stabilization occurs. Don't fret over it, use the dips to your advantage as once the public comment process is over and they begin to build out Florence, today's low prices will be history.