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col_brewer

09/10/10 3:54 PM

#51151 RE: MrLucky #51150

Let's get Mr It-Always-Doubles to sustain this rally

VistaViewer

09/10/10 4:23 PM

#51153 RE: MrLucky #51150

MrLucky, Again, the answer is in the Macro Economic picture.

It is not so much about COPI as it is about the economy. The speculative money has long since fled the market and moved into Bonds, seeking safety.

If folks are worried about putting food on the table and gas in their tanks, the last thing they're going to do is invest money in the penny stock market, which everyone knows is very risky.

But there has been a kind of "sea change" lately. The economy has improved slightly and folks are feeling a little bolder; willing to take on a little risk to achieve big gains later on. This company is well positioned to take advantage of the early revival of the economy. To me, this is the main point.

But even though hiring has started again, we may actually see an increase in unemployment in the near term because many job seekers have flat out given up. So you always need to read the signs and leading indicators correctly.

That's why I think that watching the high-level top-down Macro view is far more useful in understanding COPI, rather than looking directly at the company and its fundamentals, etc. It is sort of like "leading the target".

I'm here and long shares, so obviously I think COPI has a reasonable shot at improving over the coming months. But I'm not in very deep so I can afford to be very patient.

Good Luck.

VV