2006-10-12 14:29:44 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
maybe buy COP conoco phillips
2006-10-12 14:54:49 · update #1
I dont think Conoco is a good buy right now. I think oil prices are going to fall fuirther. And with lower natural gas prices the buyout of Burlington is going to weigh them down I think.
2006-10-12 16:18:11 · answer #1 · answered by jeff410 7 · 0⤊ 0⤋
if you have some already yes buy more but don't buy it all at once stage it for I think it will continue to fall as well especially if it turns into a soft winter as what is being forecasted. But while COP is ok you would do better with others and I perfer ETF's than just one stock but thats me.
2006-10-12 23:49:13 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I don't think I would do that just yet. I think it has a ways to fall yet. Depends on North Korea, Iraq and China as to what will happen next to the oil market.
2006-10-12 21:33:29 · answer #3 · answered by Jeep Driver 5 · 0⤊ 0⤋