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Re: Oil (Particularly, Royal Dutch Shell)

By: Decomposed in POPE IV | Recommend this post (0)
Fri, 18 Dec 15 8:44 AM | 87 view(s)
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Msg. 01401 of 47202
(This msg. is a reply to 01393 by Zimbler0)

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Zimbler: 

re: "Any thoughts about Conoco Phillips (COP), or Spectra Energy (SE) ?"

I don't follow either company, but here's my 30 second analysis: COP's chart looks about like XOMs, probably for similar reasons. SE's chart has more similarity to RDS's, and RDS is a company recovering from really bad news. SE's chart makes me think that the company has even greater troubles.

The strong support I see for RDS lies just a little (something like 5%) beneath its current price. That's what makes it worth adding to a watch list. Comparable support on SE lies around $13 - a full 43% lower.

SE is also in a steeper downtrend than RDS, over the same period.

I don't know if SE pays high dividends but it better. It's a falling knife. I wouldn't touch it with a ten foot pole.

Now you'll probably tell me that SE is sitting on $10 billion in cash... lol. Oh well. I didn't spot that in my 30 seconds.
 




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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The above is a reply to the following message:
Re: Oil (Particularly, Royal Dutch Shell)
By: Zimbler0
in POPE IV
Fri, 18 Dec 15 5:17 AM
Msg. 01393 of 47202

Any thoughts about Conoco Phillips (COP), or Spectra Energy (SE) ?

Spectra is more into pipelines.

Zim.


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