Is COP a good stock to invest in right now???????

PLEASE PLEASE read the stock numbers and tell me...... i wanna invest in em and dont know....... EVERYONE please give me an honest opinion.....keep in mind they are gonna buyback $1B........ i would really appreicate if you could tell me if you were in my shoes would you invest in them????

Is COP a good stock to invest in right now???????
Conoco Phillips? no. The commiecrats are running the asylum in DC now and they want to torpedo big oils profits. The oil price a barrell dropping to near $50 is a concern too. I would wait it out a few months and let the oil prices settle first before goign back in.
Reply:i would say yes but im no entirerly sure i would research it first :)
Reply:First of all...reeeelax... chill.....catch a breath..


Now, no one stock is a %26quot;sure-fire, answer-to- everything%26quot; and I would put ANY energy company at the top of a wait-and- see list.


Buyback?... no more important than BP losing a CEO, or CVX finding a new gulf pocket.....


Things could get worse before they get better...or this may be close to %26quot;as low as it goes%26quot;......if YOU are thinking long term ( and I mean years) then buy now.... but if you think you%26#039;re gonna jump into big returns because of the buyback, I would advise some patience...put your money into something else...at least for a couple of months.


Good luck, hope it turns out....any way you play it.
Reply:If you think oil prices will be higher in the future, its a great way to go.
Reply:Yes, but this stock may go down to $59 to $60. It all depends on the oil price.





Fundamentally, this co is in a very good shape. I do have this one in my kid%26#039;s 529. But, I took profit @ $72+, and like to get back in.





You need to set a stop loss order to protect yourself(assume you are a trader)





Current COP price indicates that oil may test $50, which I think it is highly unlikely. Given that India and China(Strategic Oil Reserve with $1 Trillion in foregin reserve) may buy this unwanted heating oil due to this mild winter, I see the floor is $50/barrel.





Best luck to you, I will start $61 as my entry point
Reply:good long term, might go up in summer
Reply:Yes, it is. Buy it and wait and see!



books