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Gold/Mining/Energy : Copper Fox -- Ignore unavailable to you. Want to Upgrade?


To: CanadaGrant who wrote (9348)3/25/2015 6:34:11 PM
From: mudguy  Read Replies (2) | Respond to of 10654
 
Today's pullback is no surprise, the sp went up almost 200% in a few weeks, much of in a few days. One might naturally expect a 50% pullback, which is sort of what has happened, assuming this is a real sustained move up, but I think a lot of it was traders sensing the momentum. There was a modest uptrend in place before things took off, which is positive.

I remain skeptical that anything materially beneficial is coming here, except perhaps the possibility that the company finds religion and hunkers down like the rest of their peers.. I expect to see this in the teens again this summer. Watching and waiting, but no strong expectations of anything up or down.