It can go a lot lower, and if for whatever reason the Cu price settles back towards its long term trendline (maybe $1.25 to $1.50 per pound), it'll be all she wrote.
Don't believe it can't happen. If history is any guide, when commodities break lower it seems to happen at twice the speed of the rise.
I was in this thing at 25.5 cents, took a hell of a loss, but I did get out with some cash, and so far I haven't seen anything to convince me that wasn't a good decision.
Best of luck!
It can go a lot lower, and if for whatever reason the Cu price...
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0.2¢ |
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