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Freeport-McMoRan Inc. Message Board

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  • markcusw markcusw Jun 20, 2012 7:51 PM Flag

    Some considerations for Q2 earnings

    IMO...the reason FCX is a dog is because of the ease of day trading the stock.

    I was in the stock 2009 and 2010 and left it. I did not keep track and was not happy learning of the 2 for 1 split and PPS at 117.

    I am now long and will not sell. I like the dividend. Currently trading at a PE of 8.8 with nice dividend and possible earnings beat coming up.

10.31-0.20(-1.90%)9:50 AMEDT