RE:RE:You got to"Poor bogfit must be pulling his hair out seeing his shorting plans circling the drain."
LOL silly rabbit! First of all, you should save the pity for Ivanhoe shareholders unless their company comes up with a working plan to generate the kilowatts required to operate their mines, and secondly, I'm not poor.
The more IVN share prices rise, the greater potential profits gained by shorting the stock. You have to understand what exactly is happening in the copper sector and market. The recent increase in copper speculation by relative novices will increase purchases of copper mining stock regardless of that company’s individual potential, and the higher that speculators take the market, the greater and rapidity of the fall of mining companies forced into C&M by extreme weather effects. The higher the PPS rises, the greater the profit when it falls. So actually, taking a short position on IVN is looking better and better every day.
To me it's no different than adding to a long as the price falls.
b.