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Southern Copper Corp. Message Board

  • chetgillespie chetgillespie Dec 12, 2013 12:38 PM Flag

    Don't expect any love from commodities

    They have the name commodity for a reason. There is not moat. They simply move with the economy. Commodities are the first to go in a bear market, and since we've been in a commodity supercycle it won't be pretty 8-10 years from now. Just wait until SCCO and the other commodity equities are at $.50 a share and you'll look back and recall this and many similar posts...99.9% of you will say "That's #$%$*&^ing ridiculous! No way will this go to $.50!" Enjoy it while it lasts because it never does - bull or bear markets.

 
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32.95+0.31(+0.95%)May 5 4:00 PMEDT