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Gold/Mining/Energy : Copper Fox

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To: cpac who wrote (9387)3/31/2015 3:10:01 PM
From: mudguy1 Recommendation

Recommended By
Tap66

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Don't underestimate the power of getting a retail group excited. For a few weeks, it was like CUU had turned the corner and a bright future was coming. People (existing and new shareholders) buy into that and will take those 30+ cent shares off the hands of traders.

I traded six times over 12 days, almost 250K shares total. I held for no more than six hours, usually my sell was hit in a few hours (I underestimated the strength of the run). Multiply what I did by a few dozen, add in some brokers or houses and you have the run. I sure can't be accused of starting it (LOL), but I'll run with the pack when it is clear they are going somewhere.

A lot of the volume was churning of shares, nothing more.
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