ConocoPhillips (COP) – SELL

ConocoPhillips-logoI wished to increase my reportable losses for taxes to offset the huge gain in GMCR due to the merger. This position had a loss, therefore I sold it to just to offset the gain.

If not for that, I would have most likely kept it as I believe the company is still solid and that it will rebound at some point.



Leave a Reply