To hoard or not to hoard

Originally Posted by MBMetals

I know its hard to detirmine the direction of the market, I have a large quantity that i should have unloaded mid summer. But hey what are you going to do. All I got to say is when the price is good the price is good. Waiting for above and beyond price in a sporatic market wont have a good turn out. .02

Of Course! Since early spring articles, blogs recycling today magazine, Sims CEO all felt that by fall copper prices were going to hit near $5/lb. Well needless to say it didnt go as planned. I have close to 30 55 drums of type 1,2 and BB. Hoarding since March. I really felt I should have unloaded in july. I need to go with my gut from now on.

Originally Posted by MBMetals

Of Course! Since early spring articles, blogs recycling today magazine, Sims CEO all felt that by fall copper prices were going to hit near $5/lb. Well needless to say it didnt go as planned. I have close to 30 55 drums of type 1,2 and BB. Hoarding since March. I really felt I should have unloaded in july. I need to go with my gut from now on.

BB? Brass?