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Started By
Message
Jumping in on FCX
Posted on 11/12/15 at 6:59 am
Posted on 11/12/15 at 6:59 am
9$ a share is a cant loose to me, any counter thoughts?
Posted on 11/12/15 at 7:40 am to GREENHEAD22
Been watching for a month now. Just can't see it going much lower. Debt load weighing heavily.
ETA: $8.86 Pre-Market
ETA: $8.86 Pre-Market
This post was edited on 11/12/15 at 8:15 am
Posted on 11/12/15 at 9:02 am to GREENHEAD22
They have $20 billion+ in debt, negative earnings, declining commodity prices, and STILL pay a dividend. What could go wrong?
I'm staying out for now.
I'm staying out for now.
Posted on 11/12/15 at 9:12 am to TigerDeBaiter
Long term hold, most valuations I have seen on them have them at between 12-15. I just cant see them going down much more. Well, down .20 on the opening, guess Ill quit checking for a month or two.
This post was edited on 11/12/15 at 9:16 am
Posted on 12/8/15 at 7:24 pm to GREENHEAD22
OK - this is just stupid. Is this stock going to $2??
Posted on 12/9/15 at 7:17 am to djmicrobe
Bought call options Monday afternoon.
Posted on 12/9/15 at 7:48 am to Blue Horseshoe
quote:
They just announced the suspension of their dividend and reduction in their CAPEX spend.
Posted on 12/9/15 at 7:55 am to GREENHEAD22
quote:
just cant see them going down much more.
Ahhh famous last words
Posted on 12/9/15 at 10:15 am to jlu03
And it's up about 9% on the news today.
Posted on 12/9/15 at 10:56 am to GoldenD
I'm skeptical by nature. I'm seeing about $5.75 in another 10 days or so.... when today's news is a distant memory...
Posted on 1/11/16 at 1:08 pm to GREENHEAD22
FCX down another 17% today to $4.50.
At this point many material stocks are looking like speculative plays for a 2-3 year rebound.
At this point many material stocks are looking like speculative plays for a 2-3 year rebound.
Posted on 1/11/16 at 2:38 pm to Helo
hard to believe FCX is trading under 5 bucks
Posted on 1/11/16 at 5:52 pm to Helo
At this point I am probably going to drop more in the help even me out, hopefully they're too big to go under.
Posted on 1/11/16 at 8:09 pm to GREENHEAD22
If they spin PXP back off can that help?
Posted on 1/12/16 at 10:02 am to Helo
Wow, down another 10%
Under $4.00
For the bagholders, I hope the B word doesn't start. That's the only thing from keeping me on the sidelines now.
Under $4.00
For the bagholders, I hope the B word doesn't start. That's the only thing from keeping me on the sidelines now.
Posted on 1/12/16 at 11:35 am to TigerDeBaiter
This stock is in a total free fall.
Posted on 1/12/16 at 11:58 am to TheIndulger
I just bought some. Not a huge investment but I'm willing to play it long term.
Posted on 1/12/16 at 2:27 pm to GREENHEAD22
Stock got below $4.00 today. Didn't see this coming especially since I bought at $29. I refused to sell at $20. I'm hoping it gets back into the $70s at some point. You know, maybe in 40 years. I'm in for the long run.
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