Bp Share Discussion Threads

[andysaw] 16/9/2015 13:32

Looking good now

[essentialinvestor] 16/9/2015 12:45

diku, agree, although GS did foresee the commodity super cycle long before
most others, they just overstated the case towards the end.

They are all just guesses, like trying to predict the short term share price

[andysaw] 16/9/2015 12:39

Upward buying pressure... It will end in positive again IMO

[diku] 16/9/2015 10:23

But wasn't that the same Goodmans saying Oil to $200 when it was around $147?...maybe they are just playing with punters minds suckering game....its all in the name!....

Looking at the header Bollinger chart what was that sharp spike down to 255p?....was it a fat finger or is that where the price is heading eventually?...

[essentialinvestor] 16/9/2015 10:16

That may be misrepresenting what GS said, $20 oil is not their base case,
that is their worst case outlook.

[optomistic] 16/9/2015 10:12

Morning Peny, hope they don't go for $20 that would be too much of an upset for the 'system' apart from my BP shares! LOL
Got to go out now...enjoy your day :-)

[penycae] 16/9/2015 10:07

Morning all.

Never underestimate the power of Golman Sucks. They took oil to $147 a tub, and in my view contributed to the cause of the last financial meltdown. If they want oil badly enough at or near $20, don't bet against them. They're the provisional wing of the Fed.

Watch cable tomorrow.

[corlis] 16/9/2015 08:28

Goldman Sachs says oil is going towards $20.
What a bunch of clowns....lol

[andysaw] 16/9/2015 08:26

Bull run towards 350?

[essentialinvestor] 15/9/2015 16:02

Sub 3.30 at the close?, not today.

Short term we are all guessing, longer term value imv,
however if markets are slammed then likely lower levels would agree.

[essentialinvestor] 15/9/2015 12:39

Unfortunately I lack TA skills so can't comment on the short term SP,
the oil price adds a big variable here.

Anyone with cash to deploy probably wants lower levels, would like to add GSK
on a brutal day, got some near the August low.

[andysaw] 15/9/2015 12:14

All Asian markets are in red today. Realistically I think this will end below 330 by closing today... share price doesn't look good... FYI I'm not short on it and don't believe in it IMO

[bracke] 15/9/2015 11:42

Good day Penycae

Unfortunately I could not get to Goodwood due to tasks I had to complete at home whilst the weather was good. I usually attend on a Friday, it's a little less crowded and a little less cost.

I hope the share price turns for you. If the US holds interest rates that may assist but you really need an increase in oil price and that needs a reduction in output.

My earlier post is based on the chart below.

BP 4 Hour

[penycae] 15/9/2015 11:22

You tell 'em bracke!
Deed I see you at Goodwood the other day?

[bracke] 15/9/2015 11:17

A test of the August low at 326 appears likely and if that fails to hold then 300.

[diku] 15/9/2015 10:25

Anybody think the current price is looking a bit stale....and a new trading price of 300 - 330p coming....No Advice Intended....

[essentialinvestor] 15/9/2015 09:12

I just got some under 330, bought around 331 yesterday.
If the UKX is hammered then very likely to see lower levels IMV,
longer term buy for me.

[drinkscotch] 15/9/2015 08:56

what happens at 330p? any man brave enough to buy?

[drinkscotch] 15/9/2015 08:56

what happens at 330p? any man brave enough to buy?

[essentialinvestor] 14/9/2015 15:03

Bought a few, Chairman buys a 1,000,000 last week.

[hellscream] 14/9/2015 14:56

hope it keeps dropping to £3 when divi is paid :)

[redartbmud] 12/9/2015 14:19

A little bit of respite would be good.