Great Wazoo

Freeport McMoran: With Copper Prices Rising, It's Still a Buy

I thought RIO made a great investment when it got into nickel. Stainless steel, alnico magnets - what could go wrong? Then miners go south in general and RIO decides to dilute the stock by selling more. Although the CMO and RSI indicate oversold, the MACD is still going down. I would wait till next week - this stock falls a lot faster than it goes up - you might miss a percent or two, but you can get hammered 6% in a day if you aren't careful.