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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: John Koligman who wrote (52000)	8/6/2013 9:38:34 AM
From: tsigprofit	Read Replies (1) \| Respond to of 78497

FCX - I like it thanks. Bought some today. Yield: 4.31% P/E Ratio: 10.2908

To: John Koligman who wrote (52000)	11/26/2013 9:48:58 AM
From: tsigprofit	Read Replies (1) \| Respond to of 78497

FCX - took profits on this today. Made about 20% since August, not bad, and got one dividend too 11/1 on it. Goldman downgraded FCX today on valuation: Goldman's Sal Tharani removes his Buy rating on FCX as the stock has neared his previous price target of $36 (the new PT is $37) and he fails to see any near-term catalysts driving it much higher. "While we remain positive on [Freeport's] long-term outlook on the back of its organic growth projects in copper and oil, we view these benefits as priced in." The stock's up just 5.9% since being added to the Buy list in March vs. 15.5% for the S&P 500. Goldman blames its over-optimism on the copper pricing outlook. Thanks for bringing the insider buying news to us here in August John.