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| Symbol | Sector | Return | Exposure | Trades | Last Trade | Status |
|---|---|---|---|---|---|---|
| XOM | Integrated Oil and Gas | 0.87% | n/a | 5 | 05-Jan-09 | Prior Holding |
24-Jun-07
Long on XOM
Holding Rationale for XOM.
I opened my position in XOM in July 2006. I have added to the position in September 2006 and April 2007. I am up 26% on the stock since July 2006. XOM is huge. My observation is that it runs up as oil prices increase, but comes down on slightly in response to the times that oil decreases. XOM is a long term holding for me. I am a bit anxious that Congress may go after the oil companies with some kind of windfall profit tax. If so, look out for the entire economy.
Tagged Stocks: XOM
Posted at 18:38 in Holding Rationales | Permalink | Top
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