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Author Topic: MMR McMoran Exp. will be $40 in 6 months $13.30
invester
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[Smile]
Posts: 4381 | From: houston | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
invester
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Latest News Headlines for McMoRan Exploration Co

McMoRan Exploration Started At Positive By Susquehanna >MMR
Thursday 04/22/2010 7:09 AM ET - FW

Tuesday 04/20/2010 10:23 AM ET - Dow Jones NewsMcMoRan Expl MMR Wunderlich Buy
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invester
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1-Apr-10 FORD GERALD J
Director 786 Direct Acquisition (Non Open Market) at $14.63 per share. $11,499
22-Feb-10 DAY ROBERT
Director 36,255 Indirect Purchase at $16.22 per share. $588,056
19-Feb-10 DAY ROBERT
Director 30,750 Indirect Purchase at $16.42 per share. $504,915
25-Jan-10 MESTAYER SUZANNE T
Director 1,000 Direct Purchase at $15.33 per share. $15,330
1-Jan-10 FORD GERALD J
Director 1,433 Direct Acquisition (Non Open Market) at $8.02 per share. $11,492
Posts: 4381 | From: houston | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
invester
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That oil/Nat. Gas find in the Gulf might be the best in history. I think Anadarko buys them way before the initial drilling. At the very least the insider buys suggest this. Huge stock.
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invester
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It got slammed on earnings LoL. This stock isn’t about earnings, its about the enormous find in the Gulf, and the power house behind it Freeport Mcmoron. This is the cheapest stock with this type of fundamentals I’ve found.
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invester
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I would buy the Jan. 2011 Leaps at the money and much higher. I even think the Jan. $35 looks good at .15
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sju1973
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I was in MMR back in March of 2009 when it was $3.00. I did pretty well in it back then. I have followed it since. I agree the find in the Gulf is huge. I like MMR.
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invester
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$13.50
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