BP Shares....

[Ding Dong !]

Anyone else jump in and buy BP shares in the last couple of weeks when they bottomed out ?

Now sitting on a fat juicy profit after just two weeks.

There's still money to be made as these shares just keep heading north :clap2

Go on dive in you can not but help make money here.

 

[Seagulltonian]

Where's the "You haven't been charged for this information" tagline??!!

 

[Tricky Dicky]

"Investments can go down as well as up"

 

[Hatterlovesbrighton]

You'd might do well to take some of that profit now. The relief well could easily f*** up and make the problem worse meaning that the bottom will fall out of the shares again.

 

[MikeySmall]

You'd might do well to take some of that profit now. The relief well could easily f*** up and make the problem worse meaning that the bottom will fall out of the shares again.

Down 16 points today!!!

 

[Hatterlovesbrighton]

Down 16 points today!!!

Most probably people taking profit.

 

[Tricky Dicky]

Reminds me of "Wall Street"


"Psst, NSC loves BP."

 

[Uncle C]

1 Hour ago

"NEW ORLEANS – BP froze activity on two key projects Wednesday meant to choke off the flow of oil billowing from its broken well in the Gulf of Mexico after days of moving confidently toward controlling the crisis.

The development was a stunning setback after the oil giant finally seemed to be on track following nearly three months of failed attempts to stop the spill, which has sullied beaches from Florida to Texas and decimated the multibillion dollar fishing industry.

The oil giant and the government said more analysis was needed before testing could proceed on a new temporary well cap — the best hope since April of stopping the geyser. Work on a permanent fix, relief wells that will plug the spill from below with mud and cement, also was halted.

Oil continued to spew nearly unimpeded into the water, with no clear timeline on when it would stop. BP shares were down 2.5 percent in afternoon trading in London after recouping some of their oil spill losses earlier this week, when the cap project seemed to be moving ahead"

 

[Caveman]

At £4 per share how much did you invest out of interest, if you don't mind me asking?

I'm still hoping my RBS will come good.

 

[Uncle C]

More bad news for BP. Not hit bottom yet.

July 14 (Bloomberg) -- BP Plc should stop a planned drilling campaign in Libya while links between the oil producer and the release of Lockerbie bomber Abdelbaset al-Megrahi are investigated, a group of U.S. Senators said.

 

[Don Quixote]

They will get taken over when shares drop to half a penny. Well done mate!

 

[Cian]

Will this be the new Beach Hut / Pipex?

 

[The Phoenix]

BP could be banned from new American offshore licenses, which would f*** it up big time. Not as risk free as you might think.

 

[beorhthelm]

BP could be banned from new American offshore licenses, which would f*** it up big time. Not as risk free as you might think.

theres some nice posturing from some politicians on that idea, but it would be challenged legally and probably not pass any bill, as its pretty anti-business and un-american. BP is in fact 40% US owned, and they probably wouldnt like it so damaged it falls in to Chinese or Russian ownership.

the "stunning setback" is case of poor sensationalist reporting methinks, of course they would test that the application of the new cap would work properly and wouldnt cause a rupture somwhere. there are two relief wells about ready to complete as i understand, which would take off the pressure and probably reduce the leack to a trickle anyway. its near the end *and* ahead of schedule.

 

[Caveman]

If you don't mind waiting a few years then it may not be a bad investment.

 

[Tim Over Whelmed]

If you don't mind waiting a few years then it may not be a bad investment.

It is a good investment, as are the banks now, RBS will fully recover and some.

If you want a good punt take a look at local pharma company Allergy Therapuetics AGY

 

[Bozza]

IF 'Ding Dong!' timed it well, he could have made a c33% return in the last 2 weeks as BP surged from 300p to over 400p a share. That's not bad going at all but you need a fair amount of luck to have timed it like that. (And it is luck, not skill)

 

[Tim Over Whelmed]

More bad news for BP. Not hit bottom yet.

July 14 (Bloomberg) -- BP Plc should stop a planned drilling campaign in Libya while links between the oil producer and the release of Lockerbie bomber Abdelbaset al-Megrahi are investigated, a group of U.S. Senators said.

BP oil cap test underway - Yahoo! News UK

Doesn't seem as "bad" as you make out?

 

[Springal]

Doomsday: How BP Gulf disaster may have triggered a world-killing event - by Terrence Aym - Helium

Not sure if I believe it, but interesting

 

[Sooty the Thief]

More cash to be made (albeit at higher risk) company calles Asia Digital. Currently trading at about 0.3p. Have been up to 25p a couple of years ago and are on the up.