Bp Share Discussion Threads

[mbthedude] 16/7/2014 06:43

Price of oil has eased around 5% in the past week and a half so some of the drop can be attributed to that.

[hellscream] 15/7/2014 17:13

Nah this share will stay between £4.50-£5 till the court case results.. market gotta pretend its doing something. just keep buying :)

[bracke] 15/7/2014 16:57

A close below 497 would target the Daily SMA 200 at 486. Yes mb I'm still going on about that.

[neilyb675] 15/7/2014 16:06

back under the fiver, lol

[hvs] 09/7/2014 14:03

Great for PENSION TOP UPS and fat BONUSES is BP.

Well done.

[penycae] 09/7/2014 12:16

Afternoon bracke!
Yes, nicely out this morning. Was quite a big position on cfd's. Was twitching a bit last week. Looking to get long soon.
Bought into ARM (long) when BP closed out. Holding that and IAG. Both monkey trades.
Selling the GBP against both EUR and the dollar.
Trade well and prosper..........

[bracke] 09/7/2014 10:37

Good day Penycae

You got 506. Also an opening gap.

Ref IAG

I presume it is a 'monkey' trade. There is a chunky gap to fill but when? I shall watch with interest.

[bracke] 08/7/2014 15:30

Good afternoon Penycae

Did not turn out nice where I am. Just had thunder,lightning and torrential rain.

Ref BP.

510 is the 'fly in the ointment' if it breaks and holds below then 500.

[penycae] 08/7/2014 14:56

Afternoon all.
Turned out nice again.
Still on the darkside here. Looking for 506 to exit. Got a limit order there to cover, but who knows?
Starting to buy (long) into IAG on my sb account. The more it falls, the more I'll add. They're just playing with it at the moment. Been in it for two whole days already. They did the same with EZJ, Made a few quid there by buying the dips.

Trade well and prosper Earthlings......

[bracke] 08/7/2014 11:11

mb

Time will tell.

[mbthedude] 07/7/2014 19:52

bracke

Just No 1 as that encompasses everything.

It's not April 1 again is it?

[robertfaulkner] 07/7/2014 19:36

I thought the shareholders own BP, they employ the CEO and board to run the company.

If the company does well the dividends increase and the share price goes up, nobody complains.

A disaster happens, the dividend is cut and the share price drops, thats businesses.

I think if the company goes bankrupt the creditors can come after the shareholders for money, if the limited liability doesn't work

[neilyb675] 07/7/2014 17:27

84421 - recommended and I second that

[dafrog] 07/7/2014 17:20

Wish BP would sue the companies responsible. Hope France's annoyance at the bullying by the USA is taken onboard by a few other nations. Expect Cameron will side with Obama though.

[hellscream] 07/7/2014 17:13

God i hope theses shares drop back to 450... i want to buy more..

[bracke] 07/7/2014 17:07

mb

Not quite with you. Which is ridiculous?

1 The suing.

2 Suing in Texas.

3 The amount they are suing for

4 Something else.

[neilyb675] 07/7/2014 16:49

bracke - thanks

[mbthedude] 07/7/2014 16:48

Shares can go up as well as down, I have never heard anything so ridiculous in all my life!

[bracke] 07/7/2014 10:19

Neily

Currently it is 484.

[zho] 06/7/2014 18:58

BP is facing a fresh round of costly litigation over the Gulf of Mexico oil spill, with more than a dozen British and European pension funds, alongside other investors, being allowed for the first time to sue in a Texas court.

[neilyb675] 06/7/2014 13:49

"I still hold to my view of the share price dropping to its Daily SMA 200."

_________________________________________________________________________

and this figure IS >>>>>>>>>>>>>>>>>>>>>>>>?????

[bracke] 06/7/2014 12:27

optomistic

The share price has had a reprieve probably as a result of the Iraq situation but the 'Macondo Situation' is still ongoing and lawsuits, etc still to be heard.

Depending on the results of lawsuits, etc BP may have to pay out a lot more. It is unlikely that the share price will be unaffected.

A few weeks ago I was taken to task for suggesting that the share price would drop to its Daily SMA 200 by the 20 June but the afore mentioned 'Iraq Situation' intervened.

I still hold to my view of the share price dropping to its Daily SMA 200.

[hellscream] 06/7/2014 10:39

why short a company trading at halve its price... 24% up already in a year with a good dividend to boot.

[prambigear] 05/7/2014 20:12

I'm short (but underwater ;-) ) at the moment for the same reasons. some folks seem to think that 'quiet for a while' means all the problems have gone away.