I've been following with some interest, the decline of the price of BP shares to historic lows.
Ultimately demand for petroleum products is not going to let off anytime soon, petrol prices are pretty much at an all time high and BP appears to have the cash reserves/revenue to deal with clean up costs.
Does anyone else think they are a bargain at this price?
N5
i'm watching them falling with increasing interest!
I think you mean good bye....
I suspect the pension funds are monitoring them. I might risk buying a few thou.
If they go down to 200, yes, otherwise it's a gamble...
Provided that you don't expect a dividend in the next two years. Derek
interest, the decline of the price of BP
God u lot are fukwits.....to a man, or watever else u lot r..BP are a short not a long till the US thing is sorted, then they may comeinto play as a takeover, and as this thing drags on, they make even seek bankruptcy protection and not even emerge as the BP u now know, one thing is for sure, they r going to get screwed and anyone one of u fukwits going long wants his head examined, God why do i talk to u lot.
Freddy, take a coffee break
Did u find my explaination too ahrd to follow Mark, try takin ur finger outta ur azz and u brain will function better
ah yes the wording of a financial wizard........
Quite!
Just look whose calling us " fukwits" It really does shake one's faith in the modern education system doesn't it?
interest, the decline of the price of BP
Have you considered the possible advantages in being able to write coherent English?
For a start people might consider your financial advice something other than laughable...
looks like a buying signal to me
"Even the fool may sometimes speak the truth" ... as in this case!
You don't have to have graduated from Oxford to make money in shares...
i shall continue to watch it go down until it looks like a bargain *to me*
at the bottom of the recession bp was under 400...the market looked like a bargain to me at that point...it then ran up to over 650...at which point it did not look like a bargain to me....
iow the market ran up well over 50%...(double your money time).
it's now dropped back 55%...but less than 25% from the recession low....
the judgement must be... adding in the gulf leak...is a 25% drop on the bargain prices enough... i'd rather be greedy for a bit more...
then there is risk of the political interference from the obarmy lefties...
i'm highly risk averse...but bp does look to me 'interesting'... surely at least time for the gamblers to risk a bit
nor on the donkeys or the lottery
good buy or goodbye? that is the question.
My own view is that BP and all other companies that drill at sea should either be wound up or encouraged by a mixture of carrot and stick to migrate to other fuels.
like what?
snipped
U must wear a little tin hat, or a white coat, or both, cant help feelin sorry for ur boyfriend, u surely are hard work, did ur mom drop u on ur head when u were ababy, or r u like this normally.
I blame the parents, but in this case it will only be a mother.
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