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Day Trader001

Day Trader001
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  • Freeport-McMoRan Continues To Struggle [View article]
    Have I read something like this many times before? Is this breaking news!!!
    Jul 29, 2015. 03:22 PM | 1 Like Like |Link to Comment
  • It's official: Taylor named P&G's next CEO, Lafley to remain chairman [View news story]
    Curious to see tomorrow if the timing of this announcement is hope to cushion a lack luster or poor earnings period.
    Jul 29, 2015. 09:30 AM | Likes Like |Link to Comment
  • Freeport McMoRan jumps 10% on plan to review all costs, output cuts [View news story]
    This company isn't going anyplace.

    A few ... several restructuring plans along with China going back to work and they will go a long way. Just too bad so many people had to get burned on this one. If your new to it, buy small amounts and add on any dips.
    Jul 28, 2015. 06:33 PM | 1 Like Like |Link to Comment
  • Freeport may cut output at small North American mines, analysts say [View news story]
    Nice they finely started doing something! I don't think it's too late but it's sure cost them a lot of money as well as shareholders...
    Perhaps this will be the return to that $20.00 price target that was given them yesterday. These shares are being sucked up just as fast as people are dumping them for a reason.
    Jul 28, 2015. 06:27 PM | 1 Like Like |Link to Comment
  • Procter & Gamble on watch with CEO transition expected [View news story]

    As an exPGer what do you think about this guy?

    Is this just a good old boy shuffle, or does he have something new & innovative to bring to the table? I think most any new name would obtain a positive move stock wise, but doubt it will be a long lasting thing.
    The guy has an impressive 30-year resume but were all the moves a positive thing for the company and did he have a positive effect from your observation?
    Jul 28, 2015. 12:32 PM | 4 Likes Like |Link to Comment
  • Procter & Gamble on watch with CEO transition expected [View news story]
    New shoes, same foot?? What is he bringing new to the table after 30-years?
    If ya didn't like Lafley fine, but PG needs more than someone to just calm feelings...
    This will make good for some quick trades though!!
    Jul 28, 2015. 09:17 AM | 3 Likes Like |Link to Comment
  • WSJ: Procter & Gamble set to name Taylor its next CEO (updated) [View news story]
    Is Taylor taking over the reins really a big change, or another good-ole-boy swap?
    According to a Dow Jones Newswire, (After thousands of job cuts and more than $20 billion in announced divestitures under Lafley's second go-round as CEO, P&G is still suffering tepid sales growth. An electrical engineer by training, Mr. Taylor started his P&G career in 1980 as a production manager in a Greenville, N.C., factory that made adult diapers and sanitary napkins. His 35-year career through P&G ranks brought him to company outposts in Asia and Europe marketing products ranging from diapers to air fresheners to pet food.)

    Where’s the new blood with fresh insight? Even though I expect a positive knee-jerk reaction I do not see a huge long term gain from the same old players at bat.
    Jul 28, 2015. 09:09 AM | 1 Like Like |Link to Comment
  • Freeport McMoRan extends losses, now -18.5% in two days [View news story]
    Being a contributor you should know there is no accountability on SA, especially for contributors!!!
    Jul 26, 2015. 05:22 PM | 2 Likes Like |Link to Comment
  • Freeport McMoRan -10% as "all options are on the table" [View news story]
    I would love $20 right now! I have a slew of Jan $18 Calls that would make a killing....
    "Come on Santa"
    Jul 25, 2015. 10:59 AM | 1 Like Like |Link to Comment
  • Freeport McMoRan -10% as "all options are on the table" [View news story]
    Nick you are right, but if …. “big if”, their new projects lower production costs that should free up a lot of that debt when minerals turn around and they will. Sounds like they are making defensive moves here while writing off everything they can during this “Bad news period”. Good move if that’s what’s happening only time will tell.

    The main thing I worry about is the cash bleed that is going on, and their management team choking the life out of the company like Chesapeake’s (CHK) did!!
    A good alternative at the moment is small Option trades. They’ve been working well for me the last month, no real home runs but a pay check.
    Jul 24, 2015. 09:24 AM | 1 Like Like |Link to Comment
  • Freeport McMoRan -10% as "all options are on the table" [View news story]
    In spite of surrounding negativity around FCX I don’t think enough credit is given for a long position at current prices and the following statement they gave during the conference call is worth evaluation.

    “The company said it has made substantial progress toward the completion of its major mining development projects, which are expected to result in increased near-term production, lower unit costs, declining capital expenditures and growth in free cash flow over the next several quarters. In addition, positive oil and gas drilling and development activities are expected to result in a growing oil production profile.”

    Needless to say return to profitability will take time, and a management shakeup would help but I doubt that’s going to happen. China will start building again, and gold will go up, the changes Freeport has made now could reap large benefits in the quarters ahead.
    Jul 24, 2015. 07:31 AM | 3 Likes Like |Link to Comment
  • Procter & Gamble Seals Deal On Brand Sale, Expects Big Tax Savings [View article]
    Who said anything about (at the expense of shareholders)? Reread my comment, I said (it looks like a massage job for shareholders & analysts) nothing more. And that is exactly how it looks to me.
    I've read PG is still going to hold anywhere from 52% to 48% of shares depending on which article you read. I've also read Coty & PG are simply merging into a new company which will give them tax relief. Is this a way for PG to have a hold on the spinoffs and make an addition to their conglomerate while satisfying spinoff plans stated to shareholders & analysts? If so, its a good plan hence the massage.
    PG has always tried to look good & please shareholders that shows by the dividend, however things have changed and managements / the company's fall from $90+ grace run has dented their ability. That needs to be recuperated not only for them but the shareholders that jumped in at the peak (I didn't).
    As far as your statement about the people in Cincinnati, I don't care, I'm from Indy. The only two good things there as far as I'm concerned are "Kings Island" & "Jungle Jim's".... A lot of people have owned PG for many years, why not it's a forever stock! It is nice for people from Ohio to have something to be proud of though.
    Jul 20, 2015. 06:20 AM | Likes Like |Link to Comment
  • Procter & Gamble Seals Deal On Brand Sale, Expects Big Tax Savings [View article]
    Int, if you are referring to my comment it is not a conclusion, I stated "as I see it". This is from what I've read the past 30 or more days from Reuters, WSJ, etc... You can do the research I'm sure you'll read many articles. If I am confused about the deal itself which I could be please enlighten me!!

    I doubt you have any idea how their executive compensation is formatted as do I, however if you think bonuses are not a part of this deal you had better think again!
    Jul 19, 2015. 11:31 AM | 1 Like Like |Link to Comment
  • Procter & Gamble Seals Deal On Brand Sale, Expects Big Tax Savings [View article]

    I'm here a bit late, but as I see it this "deal" is not the same as Folgers & Duracell. They were a buyout, this is a merger with a new addition under PG's conglomerate. PG still holds the controlling percentage.
    I may not have a complete understanding of this deal, but it looks like a massage job for shareholders & analysts with the executives coming out on top!
    Jul 17, 2015. 08:10 AM | Likes Like |Link to Comment
  • P&G accepts Coty's $12.5B merger offer [View news story]
    Good question JSG, and I must agree with you,

    Are we sure this isn’t a backdoor way for PG to absorb Coty with this 52% stake??? Will this be another piece for the conglomerate while making it look good for the shareholders?
    I really like PG but have many cautious suspicions about this deal and the way the company is being run at the moment.
    Jul 9, 2015. 02:03 PM | 2 Likes Like |Link to Comment