I have a question to both of the stocks: Regarding COP, I agree with most of you that it has pretty good value as well as the other oil-companies, provided there is a commodity bull market. I was skeptical on oil will all the hype, but on the other hand nothing has changed yet. People drive more than ever, and there are hardly alternatives. So after some pull-back, whenever that ends, there will probably at least one more leg up at some point. And the Oil companies pay good dividends in the meantime.
My real question is more on the charts. It is so curious to see COP near a support line while all the other oil companies are above. If COP breaks it, what does that mean for the others? Or what if COP holds and the others go towards their support line? How have such things played out in the past?
Regarding Ivernia, how can you find out more about them. If they are for real, it might be a good opportunity. Jim Rogers always talks abot lead, and I have no clue how to buy it, and nobody talks about it either. With the poisoned in China, it shows what an awful business that is. Probably no competition for a long time.
Regarding if they are for real, this is quite tough, because I think most penny-stocks aren’t. You must really know something detailed about the people running it, and I wonder if Zeal even know that much detail. Usually there is hardly any positive proof (except earnings and a dividend), but much more contrary proof. Contrary proof would be all kinds of things to make me stay away. Like if you ask them questions, and you don’t get a precise answer. If you ask about an obvious business strategy, and they pretend that they don’t understand your question. Or they show you only apples to oranges comparisons. In all these cases, either they are lying or they are so dumm that they don’t deserve your money. Next, if their compensation is outrageous or simply flawed in respect to motivate them. Handing out stock options left and right sounds like one example.
I think readers on this board have some more examples too.
Anyways, do you have more information on them from Zeal?
