bds231

Southern Copper's Stock Split Doesn't Hurt Its Fundamentals One Bit

#1 - Of course the stock split doesn't hurt the fundamentals -- splits are nothing mroe than window dressing. As for traders playing stock splits: Stocks that split are almost always momentum stocks (that's why their share price rose to the point where a split was required in the first place).

#2 - How could having more shares possibly make PCU vulnerable to shorting?

#3 - The short-term target for PCU is $110, less than 1% above today's close? Not exactly going out on a limb there, are we?

#4 - Actually, unless you're planning on making a large sale soon, your PCU position will change by many shares -- it will triple due to this very split we're discussing!