HOT - Hot Copper IPO

Discussion in 'Stocks & Derivatives' started by miniroo, Aug 12, 2016.

  1. silver kook

    silver kook Active Member

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    32.5 % up on the close. Interesting to see if it holds up tomorrow.
     
  2. VRS

    VRS Well-Known Member Silver Stacker

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    I refused to partake because the mods are all wankers. ;)
     
  3. Bit Baron

    Bit Baron Member

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    The first day pop is far too early to confirm who was right and wrong with their stock analysis.

    Let's see what the stock price is in 12 months time.
     
  4. silver kook

    silver kook Active Member

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    7 % down today as of now.
     
  5. SilverSanchez

    SilverSanchez Active Member

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    Will hot copper start a thread on itself now. Insider trading :)
     
  6. Abossy

    Abossy Active Member Silver Stacker

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    can't believe anyone would be stupid enough to buy into this IPO.

    From what I've seen it's made up mostly of whingers and pumpers/
     
  7. miniroo

    miniroo Well-Known Member Silver Stacker

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    pot calling the kettle black?

    the whingers are not holders, the pumpers are holders that understand how web sites like that work.

    I could say the same for any lithium stock, except most of them haven't even seen lithium aside from a few rock samples :)
     
  8. Abossy

    Abossy Active Member Silver Stacker

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    Yes but what value does the web site provide other than the ramping? What is the service exactly?

    The lithium stocks one would assume, at least most of them have the goal of actually discovering, mining and selling a physical natural resource used by industry.
     
  9. miniroo

    miniroo Well-Known Member Silver Stacker

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    same service as facebook, it's a platform, no product needed.
     
  10. heartastack

    heartastack Well-Known Member Silver Stacker

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    Oh c'mon, you can't watch a stock rise 30% and call someone stupid for putting money on it.
    There are ways you could stupidly invest in this stock, but anyone who bought and traded the IPO for +30% is what I would call a brilliant trader, not stupid.
    Congrats to anyone who did that.

    Was a good trade, but I wouldn't invest personally.
     

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