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...
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