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Copper shortage expected in 2011

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Mr_Money
Regular Contributor
Time to go long on MTX
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7 REPLIES 7
SimonPB
Valued Contributor
who says there will be a shortage ??
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Not applicable
Lol coz Bloomberg said it, it is now fact? lets see what they say when there is a pullback
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SimonPB
Valued Contributor
yip,when oil was 150 everybody was saying 200 was a dead cert .. then it went to 35 ..
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THRESHOLD
Super Contributor
Wait until "they" convince themselves that the china property bubble (or whatever,) is about to collapse the immediate demand for copper. Metorex should follow suit - then you can go long Metorex. Problem is - there is so much risk with this company that I am afrid to take a meaningful position anyway.
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Not applicable
Yep, nothing like mainstream media to look at a price movement and then search in their basket of stories for a reason.
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Mr_Money
Regular Contributor
Guys, I bougth it when the share plummeted. Got in at 200 , then again at 300 my avg price is 267. Waiting to exit in the end of 2011/early 2012. Than wait for the bubble to burst and buy in again at a low price?
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