page contents Your Financial Blogger: Copper stocks going into support: FCX, SCCO

Wednesday, March 9, 2011

Copper stocks going into support: FCX, SCCO

Freeport Mcmoran and Southern Copper are approaching attractive levels. I have accumulated some shares of SCCO.
FCX:


SCCO:
Posted by at

2 comments:

  1. UnknownMarch 10, 2011 at 9:23 AM

    you still buying/adding to exisitng XING as it has declined some since purchase?

    ReplyDelete
  2. yourfinancialbloggerMarch 10, 2011 at 10:25 AM

    No I have not. Although down 9% from my initial purchase, I tend to avoid that kind of strategy when it comes to smaller companies like XING. It is in the realm of good support @ $2.00. But these small-cap stocks are extremely risky so you have to be able to stomach the swings.

    ReplyDelete

Subscribe to: Post Comments (Atom)