analysis indicates a strong buy on these shares. Currently trading at 4.50. Buy based on the flow of money into shares of the Take it for what it is worth. My analysis is solid.
Currently trading at 125 a share, Earnings growth and PE expansion and new products should take RTN in the next 12 months to over 160.
Buy now or on a pullback. Price target is the low 70's.
FCX spent a lot of money buying companies under the future premise of 1500. dollar a oz gold and 3.25 an oz copper, among other things. As usual those proformas were pipe dreams. The best thing for FCX is to do is wait, go bk, then reinvent themselves and move forward.
After 3 dollars a share, anything is possible for FCX. But at 3 a share, it would be worth a 10,000 share speculation play for many.
Once FCX breaks 5 dollars a share, making it un-marginable, it probably break it to 3 dollars. We are in a period of deflation. FCX is a asset play. These assets are not that cheap yet. The problem with FCX isnt just deflation. It is it's massive debt. If they go BK i am sure the major holders will figure out a way to steal their money back.
I have faith that it will, as i had faith that this stock was nothing but wall street fodder for the smart money to short the #$%$ out of.
this stock will collapse. I believe it was trading at about 80 at the time. When will you people stop giving your hard earned money to the thieves of wall street.
And who in their right mind buys a shake everyday? Burger King's and McDonald's shakes are decent enough if
I needed to indulge. 7? 8? 9? 10 bucks a burger plus frys? Screw that. I will buy a steak for a few bucks more. All these places will crash and burn in less than 4 years.
lew is a liar and a phony bought and sold by these the corporate mega priced lobbyists. 10 years from now, adjusted for inflation, chemical prices will be 3 times higher than the rate of inflation.
Anytime the govt allows major mergers or deregulation the consumer eventually suffers, Examples are the airlines. Lowest fuel costs in 7 years, the airlines biggest expense, yet ticket prices continue to rise. But the worst may be the cable companies. You are getting screwed every month by higher prices. The cost of cable or internet connection is more than triple, yes triple the rate of inflation. Corporate America has bought and sold congressmen and senators allowing for these price gouges. The list goes on. To be continued.