Quote:
Originally Posted by captainofiron
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
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I'm on a 20+ year time horrizon. COP could drop 50% overnight and I would not loose any sleep at this stage of the game.