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ConocoPhillips Message Board

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  • retaoba retaoba Jan 31, 2013 12:08 PM Flag

    Not a good sign when you lose more than a years worth of dividend return in one day

    Well, it's not a good sign if you sell, but if you hold long term for divvy income and future appreciation....doesn't seem like a problem. Prices are low, demand is fairly weak and it's as good a time to "clean house" as any, which appears to be what have been doing since they announced the PSX spin off. Making more than enough to keep covering the divvy.
    Could always look at STO, TOT, SU, maybe MRO for a better value, income and appreciation potential combination if you think they will do better....

    Sentiment: Buy

43.79-0.54(-1.22%)May 31 4:03 PMEDT