Time to Switch Out of Freeport-McMoRan [View article]
Bummer for those who bought high, but this seems like a fine time to buy -- looking at metals and picking the strong miners who'll will pull through is my game. Also I like the manegment. Mofet is a pillar and I'd trust him. My only concern is that the stock could languish for a bit and the money may be better leveraged elsewhere. But if you wait too long, you'll miss boat back up BHP is more diversified, but will oil holding hurt in the short term? Mark's not stupid to be interested, whether you buy is just a matter of your taste for risk and how long you're willing to wait for a profit.
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Bummer for those who bought high, but this seems like a fine time to buy -- looking at metals and picking the strong miners who'll will pull through is my game. Also I like the manegment. Mofet is a pillar and I'd trust him. My only concern is that the stock could languish for a bit and the money may be better leveraged elsewhere. But if you wait too long, you'll miss boat back up BHP is more diversified, but will oil holding hurt in the short term? Mark's not stupid to be interested, whether you buy is just a matter of your taste for risk and how long you're willing to wait for a profit.
Dec 04 09:32 am
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All Comments by geojak »Time to Switch Out of Freeport-McMoRan [View article]