I read this board every day. I never type. I find a few folks on this board very interesting to read, regardless of there stance.
I'm long FCX currently and I've been researching and tracking palladium and platinum, both metals and the miners. This board has discussed about many metals besides copper. With all the talk about gold, I'm wondering why there isn't more discussion about platinum and the broken fundamentals in relation to gold. Seems like Pt is a buy soon and wanted to see if some folks on the FCX board wanted to share their opinions.
In regard to Vale or any of the iron miners.
"In solar I think scale and manufacturing efficiency will count: my suggestions here are SunPower (SPWRA) and one of the Chinese manufacturers such as Yingli Green Energy (YGE) with their big controlled domestic markets and access to cheap capital. U.S. thin-film leader First Solar (FSLR) has too much exposure to the currently unpredictable European market for my taste right now (Have you heard, there’s a debt crisis going on in Europe?), BUT THE COMPANY HAS ABOUT SIX TIMES THE PRODUCTION CAPACITY OF GE’S NEW PLANT."
If I bought millions of shares at 12¢, I'd sell at 7 too.
I wonder if he see the 95mta priced into the price already and feels growth in the stock is peeking, or is he just taking profits for reallocation on his next Fortescue'esk purchase.
Making me feel good about my purchase, although I see some profits being taken and/or a correction taken place. Sounds like a correction was needed though.
He's entertaining I think. I personally like Jim Jubak. Look him up. Used to be with MSN Money and now blogs on his own and started up his own fund. I think he does intense DD but is a bit stale when you watch his vids. He could never do what Cramer does on an entertainment level. Cramer probably has HUGE rating I'm guessing.
Who's concern is it how many shares? Percentage is percentage. Dollars are relative to each of us. Would I rather have $1200 or $2000 in 5 years? Easy question.
Thanks for the time you spent on that reply! I've got six digit IRA already established (out of site out of mind). This $1200 is more or less play money. I want to open a Scottrade account and buy a stock to see the process for myself. I just asked a few people and they said this sector was good and mentioned these 3 stocks. I read up on them, looked at P/E, PEG, charts and the company's websites. I see FCX is coming up on a split. VALE seems like it is reasonably priced. Fortescue is purely a gamble, as Jubak states.
I don't mind preaching at all. I appreciate constructive, polite criticism as well. You guys do this all the time. Just getting my feet wet. I think we all know who to ignore on message boards :)