Tuesday, October 27, 2009

Competitors

Our company Coeur D ALene CP New is in the mining industry. The price of gold has dropped rapidly causing their industry to fall. Their big competitors are POSCO and Arcelor Mittal. POSCO fell 2.08% on Tuesday and Arcelor Mittal fell 4.78%. We also have money invested in Direxion Monthly Small Cap Bull, a mutual fund. They are still losing money. Many mutual funds are losing money because the stock market is not doing real great.

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