I don't think it's pulling back any time soon. Like gqgerb, I have owned, traded and made good money on this stock over the years. This stock tends to takes big swings and I think this one is a big upswing that's going to end with a homerun if you're willing to hold for a year or so. I bought a sizable block at 28.08 and I'm still holding.
Hi mike. Yes this is going to be another home run. Started out with 200 at 17+ in 2009 added 50 every 10 points all the way to 120. with the split to 60 i now have 1400 shares. plus all the divs. we might get back there in a year or two. im not going anywhere getting 31/2% to wait. good luck to you
I bought 20 percent of my net worth in FCX at 28.06 a few months ago and people on this message board criticized me for it, with one person saying that I was "crazy." I am up 33 percent as of today and I intend to keep holding it for a long time. The dividend is great and FCX will do much better in the future.
Sure its a good time it was 120 with a split to 60 pre oil and gas. I have owned this for years with thousands in profits and divs. You can wait for a little pullback but if you are an investor like myself. In my opinion you can buy now. gq
Tough to say. I've lowered my average a few times, but almost lost it because it had rose quite a bit. I'm sure there will be a bad day like always. You know what they say...buy low sell high....and today is an up day.