• James A. Kostohryz
    $GS $MS $FCX On ST trading basis will be looking at cyclicals and ibanks for direction. Will they hold gains after first two hours?
    Reply (3)
    • penniecash: You say FCX will suffer under a scenario of high interest rates and inflation. Is a move into oil exploration an attempt to diversify?
    • James A. Kostohryz: I do think they are trying to diversify. Their business is model is quite risky as it depends on one highly volatile commodity.
    • penniecash: Am in Eagle Ford. Need rigs&horiz. drilling. PXP has lease,some rigs. MMR has horiz. equip,rigs, expertise. Completed wells in E.F. high