ok, copper stockpiles at 275,000 tonnes, copper may drop in somekind of fear based selling to $3.00 however this will take the stock piles down even lower, it is now a copper buy time and look to go in large if copper hits $2.75 because a bounce will happen soon after. I consider the current supply of copper to be near tight status a run up in price to $4 will happen this year.
Whoever triggered the stop loss execution and bought up all the shares around $4 today may have done it because it was the only way to transfer a large number of shares from longs. never use stop loss orders its not good put good till filled orders in at prices 20-25% higher then the current price. The computers are checking everything down at wallstreet, they even monitor the quote querries. When you put gtf orders in you are not allowing your shares to be shorted so start doing that and spread the word. CHTP is now positive again at $5.01 as news from the FDA on drug approval is awaited. CHTP looks like it could be ready to move up big considering the recent number of shares changing hands in the stop loss sell off. [more]
fda approval for medical devices do not take long and will almost always be approved because its hard for a monitoring device to hurt you, with that being said the iwatch announcement could come at the apple meeting in Febuary 2014 with a product launch in June 2014. I see apple popping to $650 when the news hits the wire.
Governor Bill Richardson Rejoins Sunvault Energy Board of Directors [more]
Only people selling apple are people who are being forced, and the buyers are the people who loaned them the margin. buy low ...buy apple around $505 in late jan 2014 before feb 2014 conference.
Apple target $575 at the feb 2014 conference.