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Southern Copper Corp. Message Board

  • steveh8000 steveh8000 Jul 11, 2013 3:39 PM Flag

    Newbee to SCCO

    Been watching it for some time now as it steps down from world demand. Chart tells me it's time to buy when the mule has taken it's beating. Copper is down for sure, copper won't stay down for sure. When is the question? Supply raw stock on the floors is low, most likely will continue a low inventory turn over until demand turns upward. Still paying a dividend, at a cheap price. Placed an open limit order for $26.70 on a market downturn. Call me a bargain hunter adding up as the world demand unlocks it grip on copper. The four country pacific trade alliance will break down some trade barriers opening up opportunity for SCCO.

    Sentiment: Buy

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SCCO
29.24-0.17(-0.58%)Jul 1 4:00 PMEDT