pog, if we keep having all red day on the Dow/ASX (and hence, falling copper prices), all bets are off, really. I know I've been very bullish on OZL because I'm green and this has been my best performer- shockingly good performance, really (since I bought the shares- obviously OZL had some issues in the past. I see other shares on the market go for along run and a fall, and realise a pullback is normal for *their* shares, but maybe it's the same with OZL. :(
Actually, it's not really a big deal. Citi had a go at OZL, and copper is down. I'm not ready to sell OZL, though.
Do you folks have some kind of price target where you sell a stock like OZL that has, despite recent blips, been performing so well (recently)? I'm just interested to know when holders (not so much traders) decide to sell- buying is easy, but selling... now that requires a decision!
OZL Price at posting:
$16.25 Sentiment: None Disclosure: Held