Posted by Randall A Reinwasser on Wednesday, May 2, 2012,
If you buy an individual stock, you should at least know some basic information about the company. I'm not referring to things like 10-year revenue history or gross profit margin. Rather, you should know about big things happening at the company, such as a huge part of the business is being spun-off. Apparently, a good chunk of investors in ConocoPhillips (COP) didn't have a clue they were spinning-off their refinery arm yesterday (known as Phillips 66) and went into shock when Conoco's st... Continue reading ...