and over the past few weeks, when there was a push down in commodity prices...it was interesting to watch the price of copper. It had VERY strong support at $3.50.
AVB is very nicely profitable at $2.50 based on data to date. Anything more will be welcome, $3.50 is realistic and more wouldn't surprise. The volume of copper required for electronics, infrastructure, car manufacturer, airconditioning, etc is enormous. They don't call it red gold for nothing.
AVB Price at posting:
7.6¢ Sentiment: Buy Disclosure: Held