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Comcast Corporation Message Board

darrowby85 2 posts  |  Last Activity: Jan 7, 2016 11:20 AM Member since: Oct 22, 2001
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  • darrowby85 by darrowby85 Jan 7, 2016 11:20 AM Flag

    BGS does not have enough bottom line to support the current dividend. I hate to see them dipping into cash for the dividend when the money could see better use to acquire more product lines. It just worries me that I should take profits and sit this out and watch what earnings do the next quarter or two.

  • Reply to

    Divy will be greater precentage

    by mmsamadian Dec 30, 2015 4:06 PM
    darrowby85 darrowby85 Jan 1, 2016 8:43 AM Flag

    What happens if oil prices remain where they are for, say, another 18 months? How does COP survive? It could very easily be forced to start selling off assets just to avoid going into bankruptcy. Shedding assets at current fire sale prices is not a pretty scenario. If you are considering I position in COP (or any oil related company) I would urge you to just cool your jets for at least a few months. Better to buy on the way up than on the way down.

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