look for FCX to retest 30 THIS WEEK...maybe tomorrow?
at $30 FCX will be paying 4.16 % dividend.;.. this is where divi will hold up stock price.....chance is nil that FCX will cut dividend
My thoughts exactly.
Don't see that happening as much as I wish it would so that I could buy more. To $36+ in less than a month by ex div.
the key to the next dip is due to the market pulling back AND the GS upgrade. GS has a reputation for upgrading a stock allowing their PRIME customers to make a profit, and then shorting the stock. I might be wrong BUT....