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Freeport-McMoRan Inc. Message Board

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  • troublesacomin troublesacomin Dec 6, 2012 3:15 PM Flag

    No bottom till the end of the year. At least.

    Someone has been watching too much CNBC nonsense.

    the stock has been slaughtered, someone will step up and start buying it soon. and i mean a BIG someone will start buying soon. I am not up to date on China and Aussie metals markets, so I dont have the best feel for FCX, but this stock is starting to get into oversold territory. im thinking it will be slightly down tomorrow to flat tomorrow. nope nope, friday sell off. ok, ok, early next week will be flat and stabilize, unless something bad comes abroad, FCX will be flat and start a rebound early next week.

 
FCX
12.34-1.21(-8.93%)1:32 PMEDT