With the recent dividend cut of COP, the stock is on my sell list. Why not sell correct away ? I would take a important loss selling now. I believe the oil cost will rise in the subsequent few months, and I would be able to sell at a much greater cost. Of course timing the market isn’t a very good strategy, but I think some patience can be rewarding as well. In the mean time COP keeps paying me, albeit significantly less than before.
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