Zinc metal price is below $1/lb however ZINC stock is going up. Could this is due to the fact most of their inventory have been hedge up front? Or maybe since a lot of companies now going green, and this company is recycling the zinc metal instead of mining it? Or it just a market apprehension of the coming up qtr announcement? Or all the above & some?
Look at the typical low volume and historically eratic daily price swings: This stock is a toy that belongs solely to the big boys and they push it around exactly as they like. It's great if you can hop on the train when they are ready to ride it north, but God help you when they reverse the direction once they've sold it to enough chumps for the designated period!