Bp Share Discussion Threads

[veryniceperson] 12/12/2014 10:15

380 would be a good price, wouldn't it?

[smurfy2001] 12/12/2014 10:12

Looks like l may get my 380 here, incredible really.

[marko1961] 12/12/2014 09:09

China just announced they are increasing consumption tax on oil products. Hhmmm. Clever way to put taxes up lol.

[marko1961] 12/12/2014 09:04

Veryniceperson. Some would say not i have heard 40 dollar oil. If you dont need to buy. Dont buy

[cfc1] 12/12/2014 08:42

happy fing Christmas to OPEC and the Yanks

[marko1961] 12/12/2014 08:29

Drip drip drip. And only a drip would buy just now imho

[maximillian1] 12/12/2014 08:07

Smurfy


Most important lines I have found on any chart are straight through the triangle horizontal line.....keep drawing more diagonals under the supports then you get morw triangle to use...hope this helps...So on your chart above there is a line horizontal at between 420 and 440 about 428

[skinny] 12/12/2014 07:58

This was posted elsewhere - I'm not sure about it's accuracy.

[ny boy] 12/12/2014 07:43

More great buying opportunities, one of the World's biggest multinationals, smart money buys when there is blood or oil on the streets!

Happy days will return for the saavy investors bagging cheap stock for a 5-10 year hold.

[prambigear] 11/12/2014 18:49

There is a price for energy below which US production (whether oil or gas) is unsustainable too cfc.

[cfc1] 11/12/2014 16:27

OPEC will have to act....USA is winning and couldn't give a toss about low oil prices...there own politicians don't even care if some of their smaller oil companies go bust...the bigger global picture is way way in their favour at these and even lower pices..

[hellscream] 11/12/2014 15:56

Markets are gonna have to get used to lower profits..big deal, company will be here next year.

[bookbroker] 11/12/2014 15:51

Keep reading about how oil's demise on the horizon, well if that is the case it's goodbye vienna to the US car manufacturers and the hundreds of associated jobs within that industry, from the big car manufacturers to the auto suppliers, US love their motors and the electric car industry will never replace the existing means to travel, hybrid cars reduce the need, but for a long time forward these will always play second fiddle, there are parts of the world where car ownership in merely in its infancy, oil price may be cheap, but this will simply enable the supply balance to re-adjust enough for there soon to be a big squeeze up again, we have seen these cycles before, and soon the surplus will be one of imbalance, the US needs to recognise that they have to make some sacrifices also, otherwise you are going to screw all these emerging economies that depend on an acceptable price for oil! Consolidation is the word on the street, and at these prices BP. is a fantastic co. that has managed to weather some extremely corrosive influences in the last five years to come out a much better and stronger co., they will be at the top of many lists to be at the forefront of the consolidation, even with lower prices they are performing admirably!

[marko1961] 11/12/2014 15:48

I dont see opec coming out just yet and cutting im not buying into this bounce at all i think it is a a false bounce

[skinny] 11/12/2014 15:42

Crude making another attempt @$65 from @63.70 earlier.

[smurfy2001] 11/12/2014 15:42

owdbuffer,

Hmmm, l just checked that l already added a slice at 416 so it's not down enough to add again right now so holding.

[smurfy2001] 11/12/2014 15:32

I'm struggling to analyse the chart

[cfc1] 11/12/2014 15:20

americans now producing their own...wonder HOW MUCH is from BP USA??? But they are liking the hear on Putin....I bet OPEC will react otherwise USA ruling and dictating to the world...as per usual!

[owdbuffer] 11/12/2014 15:03

Not sure whether to add or place a buy order at 380p and wait. Seems like crude will go down lower.

Hedge your bets - buy some now and place a buy order at 380p if you want to. You may be lucky, but you will be very lucky IMO.

400p is a hell of a good price for BP.

[smurfy2001] 11/12/2014 14:49

Not sure whether to add or place a buy order at 380p and wait. Seems like crude will go down lower.

[skinny] 11/12/2014 13:59

marko - post 85236 - mixing metaphors! :-)

[bracke] 11/12/2014 13:55

The lower the share price falls the 'better' a Shell bid at 500 would look.....to later buyers.