I just sold the FCX(18.05 -3.77 -17.28%, ) shares that I bought yesterday because it went up over 6% today.

I’m still in it because the fundamental is strong, but I need to take this profit so I can buy in again when it drops and keep lowering my average cost.

I bought some more FCX(18.05 -3.77 -17.28%, ) today to lower my average cost.

I started building a position in FCX(18.05 -3.77 -17.28%, ) today at 102.05/share. I will buy some more if it gets to 90 to lower my average cost.

FCX is the biggest copper miner in the world. They’re in a business that require a large investment, which means that they have a big moat.

Excellent growth rate in the past 10 years shows how its management is doing a good job.