The Motley Fool Discussion Boards

Previous Page

Real-Money Stock Picks / Messed-Up Expectations Portfolio

URL:  http://boards.fool.com/fcx-sold-after-6-years-30417192.aspx

Subject:  FCX - sold after 6 years... Date:  12/6/2012  12:09 PM
Author:  anuragupta Number:  852 of 1135

I finally sold today at a modest loss. I saw such management behavior at a GG holding SLT (Indian firm) where chummy management decided to splurge cash from one entity to cover the wounds of another. FCX is a great business but not a great company anymore. Shareholder interests are not worth much to management.

Anurag
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us