Quote:
Originally Posted by gearheads78
So far I have been lucky on my COP stock. My additional buy on it ended up being .08 cents from the bottom of the recent down turn. My other two I was able to average down too.
Now my 2 3D stocks have been killed. One is so bad I'm just going to just hang on and ride it to the ground or back up.
Over all my dividend stocks are up 9-23% after only one year not including the dividends. My 4 down or very little gained stocks are (play money) stocks I was hoping would make big gains and sell to invest in divident players. Its been a good learning experience. Had I invested that $4000 spead among my dividend players a year ago it would be worth $5000 instead of $2800 that it is today.  |
right now Im around -6% in COP,
I keep it only because I have visibility on it with my Dad working on the Eagle Ford.
they are letting go of people, BUT its still not bad, they still have the man-camps going and the cooks out there serving steak and lobster.
Once all that goes, then maybe its time to panic.
I think COP is just trying to ride out the price drops