Epiphany Investing

Searching Out the Optimal Portfolio of “Revelation” Stocks

Freeport-McMoRan Suspends Dividend; Slashes Targets (FCX)

Copper, gold, and molybdenum producer Freeport-McMoRan (FCX) has released a cast iron, kitchen sink of a statement this morning, announcing the suspension of the $2/share annual dividend and a 50% cut in 2009 capital expenditures, along with volume cuts for copper and moly covering the next two years.
The moves come in response to rapidly falling [...]

More on this topic (What's this?)
Bought FCX Put Options (My Trader's Journal, 12/3/08)
Freeport Profit (FCX) Takes a 33% Fall (Contrarian Profits, 10/22/08)
Looks Like the Copper Correction Is Over (Red Hot Energy and Gold - Global..., 2/19/10)
Read more on Freeport-McMoRan Copper & Gold, Copper at Wikinvest

Copper Futures up 8% Despite High Inventories; Freeport Rallies (FCX)

Shares of the world’s largest publicly-traded copper miner Freeport-McMoRan (FCX) are up over 10% as copper futures have made it all the way back to just below $2 (currently $1.98); the December contracts were trading at $1.80 just yesterday on the back of the London Metal Exchange (LME) reporting that copper inventories were the highest [...]

More on this topic (What's this?)
Freeport Profit (FCX) Takes a 33% Fall (Contrarian Profits, 10/22/08)
Sold FCX Covered Calls (My Trader's Journal, 11/6/08)
Bought FCX Put Options (My Trader's Journal, 12/3/08)
Read more on Freeport-McMoRan Copper & Gold, Copper Futures at Wikinvest

Performance Update: A Portfolio Divided, and 2 Dilemmas

The Secular Trends Model Portfolio briefly dipped below $80k before finishing the day at $804k…Currently the losses on the 6 worst holdings by performance (AA, FCX, POT, BTU, CAT, PBR) have been severe enough to destroy most of the little tidbits of alpha I was picking up on the other 16 positions. Basic Materials and [...]

Buying Short-Term Position in Freeport (FCX)

Severe times call for inventive measures to gain returns. With today’s 15% drop Freeport-McMoRan (FCX) now yields over 5%, and on (sic) fundamentals the stock is even more attractive. Even though gold production has been low in recent years, this part of Freeport’s business should serve as a hedge against copper prices.
I’m going to stick [...]

More on this topic (What's this?)
Freeport Profit (FCX) Takes a 33% Fall (Contrarian Profits, 10/22/08)
Sold FCX Naked Calls (My Trader's Journal, 9/25/08)
Freeport-McMoRan Copper & Gold Inc (FCX) Chart, Sold Naked Put (My Trader's Journal, 9/24/08)
Read more on Freeport-McMoRan Copper & Gold, Copper at Wikinvest