Yes, I own this company. No, it doesn't feel great looking at that chart. The stock continues to crash with the ongoing train wreck that is crude oil. Nothing seems to stop the fall, not even the dividend for Conoco Phillips ballooning to an absurd 6.4% yield. That's truly an incredible yield and unless the company states it will cut that dividend, eventually, it *will* hold the stock price up...eventually.
You have to be a brave soul to buy now. But, that is how money is made. Risk. Can you stomach the pain and volatility of this stock and oil prices in general? If so, step in - this stock is a screaming bargain.
Short term rating = BUY
Long term rating = BUY
You have to be a brave soul to buy now. But, that is how money is made. Risk. Can you stomach the pain and volatility of this stock and oil prices in general? If so, step in - this stock is a screaming bargain.
Short term rating = BUY
Long term rating = BUY