Oil is maybe what will bring this stock back to $20/$30 plus, imagine if copper heads back above $2.50 and more, this will skyrocket
Looks like you're hoping and living on a prayer....on a day where copper dropped 3%, FCX should of been down 7%/8% if not more
Exactly, one day Copper is up, the other day it's Oil, and another Gold is saving the day....Imagine, Copper and Oil are flat today, Gold up slightly and we go up close to 5%.....that's what I call diversification
You have a lot to learn....FCX has many combinations of going up and keep on going for years to come... Gold, Oil and of course Copper is name of the game for FCX....and guess what, Oil and Copper are at rock bottom prices, and Gold $650 lower from highs a few years ago.....just buy and sit on it for the next few years, you'll double your money
when Copper gets to $2.50 plus or $3 in 2017...watch out for FCX....this stock is trading at rock bottom prices
When Icahn bought Apple shares at $450 they went to $375 the month after....then over $700 within two years after, that's called patience....which surely you have none of it
if you can't take the heat than get out of the kitchen and now.....
Patience will make you rich.....watch and learn.....ask yourself where FCX could be trading 12 to 24 months from now with Copper being $2.18 as we speak, if Copper is anywhere between $2.50 to $3,,,,then FCX is over $25/$30 share
Do you really think Icahn looks at the stock price up or down 5%/10%...you must be a real amateur, he's gonna sell FCX once it gets to $25/$30 stock price minimum, and like most people except you...
You must be a 2 day investor that doesn't think more than tomorrows headlines....12, 16, 24, 36 months is how you make money...not two hours at a time
I'm pretty patient, whether it goes through $2.40 in 3 months from now or 9 months, copper is going back to $3 by end of year 2017, which means FCX will be $25/$30 plus....that's all that counts
Smart move, Apple share have finished making big returns for their shareholders
Patience is how you make money, not buying and selling every time is goes up 3 pennies and drops 5 pennies...a lot of traders missed the huge FCX run already just by doing this exact same thing.
See you back in the $20's
Good look on your 25% hair cut....there's no resistance from these levels until $20, see you back in the $20's sometimes this year for sure
by year end or in 2017 for sure....
Man oh man......would hate to be short FCX after today
Shorts got caught at the open, now they are stuck of FCX only going up from here
Sellers could not even hold it below $11 or back to $10 like it should of been after earnings.....shorts are in major trouble
and should continue going up in the next year or two....long term investors will be greatly rewarded with patience, buying in the single digits was a great buy so far