Can Rally Continue ...
Open Question
hi david,
i own bp @ 37 (on Cramer's recommendation). the stock is at 48.50 now. Cramer
did say recently that bp was going to 50. do you think this stock is going over
50 or should I take some off table?
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The execs have, like many others, stated that the divy is safe. I own shares of
this also and like you have made out pretty nice. I will hold this one tight as
I see oil clearing 60 fairly easy. I am a longterm holder on this stock.
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In all honesty, if someone was leaning toward selling this stock, I wouldn't
worry about waiting for another $1.50.
Good company, and it does have its risks... but the recent run in commodity
prices sure makes the dividend appear more secure.
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