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Re: wadegarret post# 43121

Tuesday, 01/02/2018 6:37:32 PM

Tuesday, January 02, 2018 6:37:32 PM

Post# of 116653
Wade FCX has done great the past few weeks, but hindsight is perfect. Copper prices have rallied sharply. There was virtually no due diligence in your post. Just a one liner about analyst 2018 estimates. You didn't even mention that it was a primarily a copper pricing play or that analysts were forecasting a 30% sequential decline in 2019 earnings.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136672092&txt2find=fcx

My reply to your post provided much more detail .... but yeah, in 20/20 hindsight, FCX was a great buy at $14. Wish I had loaded up. It's been on my watchlist since $4 in early 2016.

Incidently, I was a buyer of TGB today. No reason that I could find for the selloff. It bounced back partly late in the day. Might have been profit taking deferred until the new year.
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