Thank you Carl for cleaning out those bashterds that created this mess in 2012. All of us FCX shareholders back then knew the fix was in on the MMR acquisition when they slammed it down our throats with no shareholder approval in spite of the boards being practically the same for both companies. The bigs saved their behinds on MMR at the expense of the little FCX guys. I can only hope that there's no consideration of selling off O&G assets to any of these former executive types that have so appropriately been fired.
What happened to Cleveland, pumped fcx hard when he bought at $20, and called those with contrary opinions every name in the book. Maybe his computer was repossessed. Lesson to those that believed his nonsense.
JB, Adkerson, and Flores continue to live in the lap of luxury. Something is wrong with this picture. Those entrusted to protect the FCX shareholders failed to do so.
More than can be said for the FCX shareholders he royally screwed with the MMR bailout he orchestrated to save him and his buddies behinds. Abuse of power, conflicts of interest, and a lack of any ethical standards whatsoever, that's how I'll remember him, a self serving old fool that sold out the FCX shareholders for his personal benefit. Hope he rots in an old folks home.
Hey Cleveland, how's FCX working out for you? Interesting that anyone taking your advice on that stock lost 2/3 of their investment. If your bullish on RAX, that's enough for me to be bearish.
Mostly clowns, especially greedy clowns in politics, so many that Trump is actually a breath of fresh air. The biggest clowns are those that voted for Obama, and multiply that times two if you voted for him twice. Maybe louie is a clown for owning this stock.
Suggesting investors purposely buy at the ask is just plain ignorant on your part. You should buy at above the ask since you believe this ridiculous theory. Your advice will have no effect on the price because small retail investors can't control the market by following your simplistic approach. Investors should try to pick their entry points and get the stock as cheap as possible and average in if they believe the stock is worth investing in at all. Your a foolish pumper that should be ignored by everyone.
Terrible advice to buy at the ask, why not recommend buying above the ask fool. Bad advice for a investor, and won't do a thing to raise the share price.
No celebration here, just stating the facts, keep drinking the cool aid so you have the courage to buy more at these levels. I may get back in next year sometime when the price reflects more of the reality of what this company is worth.
Wishful thinking won't change things with this stock, but if it makes you feel better, by all means proceed. I remember all that buyout talk back in 2009, made me feel better for a while, but didn't last. Be glad you might be able to get out in a couple of years.
You are more than likely going to be trapped in this stock for years. The run to $15 could not be justified, and those that fell into the nvax trap will learn a hard lesson about this stock. Glad to be watching this time from the sidelines, learned a hard lesson myself in 2009. It took years before I could get out and get my money back. If it all goes right for nvax, you still could be 2 to 4 years out on this investment. Beware of the hardcore liberal pumpers here.
That's a good one, and even if the shrapnel isn't flying, most will be stuck in the foxhole for a long time. Not a stock to be greedy with, it'll burn you every time.
Cool story clevie, how convenient. Shame you were unplugged and weren't here to buy in the 7s like the rest of us, and then sell at near 11. You're down 50k, everyone else is up.
Did management know in July that the copper exports temporary permit had expired? Was the public informed by the company or 3rd party? Yet another reason on display why not to invest in this management team! Single digits and no Cleveland or any of his other ids to pump the stock to newbies after he's lost half of his money. Because of the debt and questionable acts by management when they decided to bail mmr, I prefer to invest in a more focused oil company or miner when the time is right.
It would seem that mining company investors would invest in a beaten up major mining company that focuses on mining that's not drowning in debt. Why wouldn't oil play investors invest in a beaten up major oil company instead of this dog? Playing the cycles is one thing, but the company better have the staying power. That's in doubt with this one.
Cleveland says they'll probably issue some shares down the road, but not at these prices. I agree, if they issue shares down the road, it'll probably be at lower prices, so to raise a billion, they'll have to issue more shares. As far as Cleveland's flexibility, he'll need it while bending over to grab his ankles.