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2/26/09

Trading Post (Star Wars' Yoda edition)

IKN has invited Yoda from the Star Wars movies along to comment today's Trading Post. Let's see if the crinkly Jedi can offer up some wisdom.

Freeport McMoRan (FCX) up 7.3% at $31.48. A good day it is having and enjoying the Obama effect in copper? Southern Copper (PCU) up 7% at $14.47 and having nearly as much fun as Freeport, is it. Hmmmmmm.

Dynasty Metals (DMM.to) down 6.25% at $4.50. DMM.to is clearly enjoying the drop in gold not. If it goes under four dollars, consider buying some more, I will. Yes, hmmm.

Vena Resources (VEM.to) UNCH at $0.16. My Jedi powers see a bright future and happy news. Stock to keep on your radar in the near future, this is. Hmmmmmm.

Nadagold (NG) up 2.1% at U$2.86. Save this brute, not even an upgrade by RBC Capital Markets will. Advise Otto to short some more if it rises to three dollars, will I. Yes, hmmm.

Petrobras (PBR) up 4.9% at $28.57. Along for the ride, oil is enjoying a big jump today and petrobras is. The price it wants, it seems like opec will cut until it gets. Yes, hmmm.


UPDATE:
I just took Yoda's advice on NG at U$3.02