Bp Share Discussion Threads

[dmf] 18/12/2014 12:09

North Sea oil industry 'close to collapse'

[tfergi] 18/12/2014 11:35

One would hope that they are purchasing more share buybacks during the lower levels or is that to complicated for them?

[supermarky] 18/12/2014 11:13

Is this just the inevitable relief bounce? No doubt it was well oversold.

[maximillian1] 18/12/2014 10:26

Sold at 403 today...want to buy @ 394....sell at 414 if thats helps..

And think it can hit at least 434 ish...if you would like me to give boring blow by blow trades ..sod off...


Next year I expect this to be sub 350.....do you comprehend...

quick £640 was enough for me....

[trulyscrumptious] 18/12/2014 10:17

Bit of a contradiction MAXIMILLIAN1. You bought in yesterday!
---------------------------------------------------------
MAXIMILLIAN1 17 Dec'14 - 15:45 - 85385 of 85393 0 1

bought yesterday and looking very solid for a move well above 400

[foghorn5] 18/12/2014 08:42

people were paying 450p for these barely 10 days ago

Could be best share of 2015 imhp

[smurfy2001] 17/12/2014 22:50

Rouble rise prompts hopes that Russian economic crisis is easing

[saltaire111] 17/12/2014 22:11

Looking at the graph for today I was about to ask what happened at 2.30pm. But then I remembered, of course, America opened for business.

[ny boy] 17/12/2014 17:53

I have been buying these down to 370p,cheap as chips & Goldmans etc are buying heavily, follow the big players, they control the markets.

[hellscream] 17/12/2014 16:52

ffs i wanted my dividend to buy cheap >.>

[foghorn5] 17/12/2014 16:15

I'm buying BP

[foghorn5] 17/12/2014 16:15

I'm buying BP

[maximillian1] 17/12/2014 15:45

bought yesterday and looking very solid for a move well above 400

[richie496] 17/12/2014 15:36

Blood bath in small cap oil stocks continues hxxp://t.co/Fkyz6OGzY6

[essentialinvestor] 17/12/2014 14:44

star, anyone who can call it precisely is either very talented, lucky,
or perhaps both.

For a buy and hold then buy only an amount you can sleep at night with,
and try your best to just forget about it, there will continue to big moves in either direction imv, however the current share price may already discount
a lot, just imv only.

[stardrops2] 17/12/2014 14:15

lots of uncertainty at the moment and a brave man to call the bottom.As oilers and associated industries drop taking with it the wider market,there will be many good stocks at bargain prices for the savvy invester
patience is needed
Whats the saying buy when everone is selling and sell when everyone is buying

[bookbroker] 17/12/2014 14:06

Super - the longs are mainly large funds, it is not as though you have seen a long liquidation i.e. a waterfall decline, this may occur but those players have been trading big time for a long time, admittedly the supply side suggests more falls due to the fight for market share, but storage tanks are pretty full, they may not find a market to sell into so even OPEC supply will be compromised!

[supermarky] 17/12/2014 14:00

Nerves of steel lol! Seriously though bp at these prices will make you money imo

[bookbroker] 17/12/2014 13:49

beginning to wonder if these falls are setting up for a bear trap, there are still many long at higher prices, and the price is continually being talked down to $30,$20,$10, yet there appears a little stabilisation currently, I think you might see a strong squeeze up in the next few days, although market has fallen brutally, oil is essentially undervalued irrespective of oversupply, market are reacting on day-to0day comments but down the line is what counts!

[essentialinvestor] 17/12/2014 13:35

Mark it was very difficult to buy at that level, at least that was my
experience, had to force myself to make those trades.

Watching for now.

[supermarky] 17/12/2014 13:31

Ei, I nearly topped up at 365 but decided to wait and see. Currently in at 390. The plan is to average down with bp

[cumnor] 17/12/2014 13:10

It could, even to $10, but will it? Posturing and threats to other producers that it's not just just the Arabs who need reign in production. The political implications, even for the low cost middle east producers, would be serious and will likely preclude this eventuality. Putin, in particular, will need to heed their threats as Russia is one of the world's largest producers. It is also a signal to explorers-small and large-"this is not just our problem, it is your shareholders as well". Tactical, it will work and the Arabs will be happy with $70-$80 oil, as will most others. It will seriously affect investment in shale, Artic, Canadian tar sands and deep offshore though. Low prices for now will boost growth which will take up the current excess. Production cuts and drops in capex should medium term bring it to an acceptable level for producers. Patience will pay but pain first though.

[essentialinvestor] 17/12/2014 13:02

Sold out this morning, marginal profit, and only because I broke
a golden rule and averaged down on Friday and again Monday.

[bookbroker] 17/12/2014 12:56

Well, let's hope that Iran closes the Straits of Hormuz in that case!