don't buy a dumbarse mutual fund, look at XBI, or another etf,you can enter/exit when needed, mutual funds are for ROADKILL! (you)
Just looked, THAT'S A P/E OF 28 (TWENTY EIGHT) ! Q1 2015 est is .74 SEVENTY FOUR CENTS down from $1.81 This is a trainwreck
I sold some at 78 and some at 74, I only had 300 shares. I fear analists downgrades and anyone thinking it's a p/e of 8 is wrong, dead wrong b/c nobody knows what the "E" is now.
P/E on S&P is 140 without legal accounting gimmicks. Small Cap Russell (IWM) is a fraud p/e as stated on I-Shares that they drop any p/e over 60 and mark to 60, no extraordinary charges are included, at least 10 holdings in IWM have p/e of 1000 (one thousand). RUSSELL real p/e is at least 40! Price-to-sales (P/S) for S&P is AT ALL TIME HIGHS because of the issuing of junk bond debt to buy back stock. Good luck, suckers.
all you "investors" think buying at 85 and hoping to get "even" is a good investment, these are the pathetic "Road Kill" the insiders on Wall St call you, they depend on your ignorance, and dividend bait is now what they are feeding off of.
My guess is the big institutions that own COP are PAINTING THE TAPE for end of year holdings, and they are in bed with analists told/agreed not to downgrade b4 end of year. S&P said a prolonged (3 yrs) low oil price would put pressure on the out-sized (+1% more) dividend relative to the industry. If you think the dividend is safe why not buy BP with both hands? It's even higher.