COP was just upgraded by UA (underground stock alerts- google them ) to a BUY with a new price target of 43 that’s HUGE. i’m subscribed to UA’s free newsletter, their subscriber base is huge, the last time they alerted a buy the stock ended up going up 1350% in a very short period, no way this will happen with COP but it’s still very positive. i’ve made over $200k with their free alerts so far so it’s definitely not something to sneeze at.
it is not that difficult, because of tax policies that were confiscatory that were put in by Sarah Palin the oil companies quit drilling in alaska, then you have the US govt that won't allow pipelines to be built. With the Balkans and other areas in the lower 48 they could no longer compete. There is almost not enough oil to run the alaskan pipeline, alaska tried lowering the tax rate but now the public is doing a referendum to overturn bcasuse they liked the tax rebate but they are killing themselves as they are butchering the golden goose. Alaska so rich in oil and gas yet the govt and greed by the unknowledgable public will end their eating at the tax trough. You have to let business make money or they will go elsewhere. Why is that so hard for people to understand??
Considering investing n COP. Question for board: What is real reason COP shut down Kenai LNG? I understand the supply issue they raised when closed down, but COP is an E&P- why are they not producing the gas that is needed? The larger issue I can't seem to understand is if LNG will be the great earnings driver it is being touted as. I personally have bought in the LNG thesis and invested in D, VSN as the DOE has been approving export licenses. BUT here we have an actual operating LNG facility and the state is begging COP to restart? Just doesn't seem to make sense. I mean the cost of building a new LNG facility far outweighs bringing gas to Kenai, but yet COP isn't moving or even talking about it in their presentations. If I could get some serious thoughts on this, thank you. Ken
Yes, I have received a letter from the Van family, about two years ago. They wanted me to help them hide/shield $500million from taxation by the Greek government. I agreed to allow them to electronically the full $500million into my bank account. They promised me $50million.
A week later, the $500million was deposited into my bank account. And two weeks later they withdrew $450million, leaving me with the $50million that they had promised. I have great respect and trust in the Van family and would do business with them any time.
If you do not like my humor, please go buy National Greek Banks, as posted by someone who sold COP and wants you to also sell COP, and buy, NGB.
Posters here might be brain dead new study indicates. Top scientists, (for clarity sake, "thu scientistss") have data that suggests the "sense of humor" most humans have enjoyed since birth has somehow been stripped from posters on the COP board. This phenom is unexplainable and only equaled by the DUK board. Go check it out. Thu scientistss, though funded by government funds to work only on promoting climate propaganda for pay, did spend some of their valuable social agenda time running computer humor models only to discover, nothing. Nothing here. Nothing at all. Sad, sad, sad.
I think COP handily beats estimates for the third quarter. Crude has been above $100/bbl all quarter AND NG prices will average out higher than in previous quarters.
Sentiment: Strong Buy
most of my COP I have had for 3 yrs but I have added some along the way the last was this year and it is up 20% but not interested in selling, I could die owning this one. The same for my dad who is 85. This has consistently given great annual returns and the future is brighter today than it was 3 yrs ago when I first got in. penny pinchers rarely make any money. To be a day trader is a little different but requires you to be extremely nimble and watching the screen every second and trading fast. but that should at best be a past time to your real investing. trying to call market turns is a fools game. moment to moment changes are easier.
Van family are stuck in Greece and have been descendents of Grecian royalty since forever, but, in the changing climate of Greece, it is necessary for them to relocate. Having had a minor role in the Greek Mint Mr. Van has $45 million as his disposal but can not transport the money out of Greece. If you will send $250 and your personal bank info, he will electronically transfer the $45 million to that account and you can keep 10% for your helping the rightful leaders of Greece get the hell out of Dodge. That is $4.5 MILLION dollar just to accept the MILLIONS for a few days. Oh, the $250 is for bank fees. heeheeheehee ever see a letter like this.