ConocoPhillips Message Board
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why buy?
I'm new here, looking for something long term, I bought 2000 shares, did I make a mistake?
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COP is a "strong buy" at today's price!
Sentiment: Strong Buy
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You're asking a bunch of strangers on a message board for investment advice?
- 1 Reply to joshuawann
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well, that's the best answer you could of gave me, thanks
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I will give you my opinion on why to buy. I bought 3 yrs ago and am still holding, in that time I bought at $50 have received over $7 in dividends, $17 in PSX stock and it is still $8 over where I bought it. COP is dedicated to returning money to the stock holder at least under Mulva. They are divesting of higher risk properties located in foreign countries and concentrating on the US for nat gas and have substantial holdings in such. As nat gas prices increase so will the dividend on this stock and the stock price. It isn't a fast mover but it is steady upward. It is one I don't worry about from day to day but just keep on clipping the dividend and making money. This will be a double for me in 2 more yrs counting all distributions and stock price without a doubt
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So your saying you took over $114.000 of your money and bought a stock that you have done ZERO due diligence on. SAD very SAD!!!!! I'm hoping your just joking!!!
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