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Freeport-McMoRan Inc. Message Board

  • ohtaegun ohtaegun Aug 5, 2011 1:01 PM Flag

    $44.03

    that was it.

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    • I would have bought more today, but I bought at 47 and 48 last 2 days.
      My stake is big enough. But gee I wish I walked away from the market all week just to stop by this morning and buy some discounts.

      I think people are foolish to think the economy is going to sour on Italy's debt. I don't know what our export breakdown is but I have to guess it is pretty small to Italy. And considering that 70% of our economy is internal, what are we really looking at. If 1% of our economy is tied to Italy and that drops by 10%. We are looking at a .1% drop.
      But my numbers are all guesses. I should probably look things up.

      But my point is that I have been bullish all week and selling puts naked, to buy up these depressed stocks. But like I said I wish I waited an extra day or 2 to do it. Because 5%-10% more profit in the future.

 
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