Pascal
12-06-2012, 12:13 PM
FCX could be an interesting buy here: price seems stable and large players continue buying.
Note that the short interest was very low, which means that these large buyers are probably funds taking new long positions. I bought today and plan to sell half on a bounce to $34, keeping the rest for probably some longer term.
Pascal
16571
Note that the short interest was very low, which means that these large buyers are probably funds taking new long positions. I bought today and plan to sell half on a bounce to $34, keeping the rest for probably some longer term.
Pascal
16571