Copper and Aluminum are the 2 key commodities to watch in a recovering market, so what does this tell you? They continue to pump them when we should be dumping them!!! Mining stocks are dead. If they could not make it during the bull run, how do you think they will hold up on a downturn?
Its a possibility!!!...All the news agencies are starting to confirm that Russia has invaded. How much? How Bad?...Unknown for now...Its Thunder Storming here!!!...OMEN???
Its hard to tell from its balance sheet how healthy it is. Trying to find out more info. Analysts pumped it a while back, but its been falling pretty consistently ever since. There is one trader taking advantage of the low volume, but he is stuck now, so we will see. I will let you know if I find something Earth shattering!!!
Since when does fundamentals have anything to do with what a stock does in this market. These are historical patterns. Look what they did to AAPL, MSFT, AMZN, INTL, CSCO and many many others. Its a game and fundamentals cannot play. In the LONG run sure, but if you are trading you better get used to it... Have a great day!!!
BUT...BUT...BUT...It looks so goooood!!!!. I was thinking the same thing. It is probably a trap, or this Russian and Middle East thing has really got them worried. We will know when the options guys dedicate themselves one way or the other. The odds are its a trap!!!
DIV time is only a month away and we are at a 1 month low. I used to have a troll when I was younger. Like a rabbits foot it brought good luck. You may want to keep this troll around. Currently we are at $2.64. It maybe $2.54 to $2.74 by DIV time. How much will share price drop for DIV time??? Hum???. Float has to be paid, but investors in 2nd offering get nothing right?... Remember it was not a diluted transaction. Believe me, they will get there part one way or the other, even if they take it from the floaters. How can they get it? Institutional Marketing only has 1% so nothing will happen there...right? Not necessarily... But the big boys in Mahogany offices have plenty that may find themselves short if it runs up on the high side near DIV time...Big money gets paid one way or the other. You may not call it your traditional dilution of shares, but they will dilute your part to get their portion. Then again, they may do nothing if revenue strengthen's enough to pay the bills...Including that large DIV. It all has to do with REVENUE, because they will not touch the balance sheet assets if they are smart.