donzoab

Is ConocoPhillips a Potential Multi-Bagger?

Nice piece, well written. Those that look at what Buffett is doing on any given qtrly basis just haven't a clue. He uncharacteristically bought at the top, and wisely sold some for tax writeoffs from other huge gains.
Oil isn't going away, and higher prices are sure to come one day. Alternative sources of energy are years away from making any meaningful dent in today's energy needs.
Buying cop in the low 40's ( as I have been doing) and booking the nice dividend will lead to significant gains down the road. Doing so in your Roth ira is even better as it will be tax free. If you're concerned that the stock will retest lows, sell a portion of the position and repurchase lower, booking the cash as a nice gain. Keep the core position in case you're wrong and the stock moves ever higher.
Either way you win.
Stop bashing other's opinions. Everyone's analysis can be different if you're looking at different metrics. Sudden changes in the economy, world politics, public perception or market demand can change the course of a companies earnings in the short term.
Its a shame some come on this or other boards and post insults, negative false ranting or other nonsense.
This is a very simple game. If you're long, post why. If you're short, post why. Let the market show who is right long and short term, and try to profit from it. Agree to disagree and benefit from each others analysis. In the end, you really don't have any say. The big institutions , hedge funds and investment banks control all the flow.