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re: Oil bottom
Posted on 10/1/15 at 10:33 am to nolaks
Posted on 10/1/15 at 10:33 am to nolaks
I bought in a little with FCX last month at 9.60. They've got assets all over and pretty diverse. I'm not sure if they will go lower or not. If they do, I will try to buy in some more. Just a matter of time before things turn around. I hope.
2
Posted on 10/1/15 at 11:17 am to Alahunter
I think we retest 2015 lows in the next 2 weeks. I think that will be the bottom.
But I'm a terrible investor
But I'm a terrible investor
Posted on 10/1/15 at 1:33 pm to Alahunter
Hopefully is right. $21 billion in debt isn't helping. The acquisition of plains was terrible timing for freeport. Paid way to much. I think they reach $5.00 before they recover. I'm certainly not a buyer before earnings this month.
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