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  #1  
Old 10.06.2010, 20:04
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Good time to buy shares in BP

What do you think... the share price @ an all time low... is this the mother of all oil slicks or simply a political football for our man Obama to kick around given he not been too popular lately...
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  #2  
Old 10.06.2010, 20:34
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Re: Good time to buy shares in BP

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What do you think... the share price @ an all time low... is this the mother of all oil slicks or simply a political football for our man Obama to kick around given he not been too popular lately...
It's too uncertain . . . you almost certainly have less knowledge about the situation than the petrologists on the ground and the market analysts. Not only could the situation on the sea bed get far worse, but the extent of the possible liabilities are hard to predict, with BP being stuck with other oil company's lay off costs while the moratorium is in place.
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Old 10.06.2010, 20:54
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Re: Good time to buy shares in BP

i would buy.
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  #4  
Old 10.06.2010, 21:04
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Re: Good time to buy shares in BP

there could be something exceptionally bad that BP would uncover in mid term...... I would be very cautious and not invest in BP.

The first principle of investing is your investment remains safe and profit comes later
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Old 10.06.2010, 21:39
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Re: Good time to buy shares in BP

I bought quite a few shares this A.M. and the price is up 10% and still running up. The market closes soon and I will probably dump what I have and then start fresh in am. The price has bumped and now is beginning to stabilize... Thats usually when the weird s&&t usually happens; after it hits a plateau and holds. It is currently 10.halfish% up and has held that for about an hour. Good Luck!!!-M
PS markets close in 20 min...

Last edited by maconp11; 10.06.2010 at 21:40. Reason: market close time
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Old 10.06.2010, 21:41
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Re: Good time to buy shares in BP

I guess the advice (as always) is to only bet what you can afford to lose...
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Old 10.06.2010, 21:20
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Good time to buy shares in BP

Hhmm better to eye on the side of caution and not buy at the moment they will most likely lose more value yet
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Old 10.06.2010, 21:21
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Good time to buy shares in BP

And only put a small percent of ur portfolio into such an investment
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  #9  
Old 10.06.2010, 21:55
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Re: Good time to buy shares in BP

Sold. 11.10% gain, but I want to see the futures in the am before rebuying the stock. I wouldnt hold it 24hrs+ unless you are going 1 year or more.
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Old 11.06.2010, 06:04
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Re: Good time to buy shares in BP

I'm a buy-and-hold investor, and I think the market has over-reacted to the crisis. Until the estimates of the oil being released begin to stablize, though, I'm not ready to buy.
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Old 11.06.2010, 10:32
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Re: Good time to buy shares in BP

The way they have handled the crisis so far, I wouldn't be surprised at all if many more skeletons come tumbling out of their cupboard.

Tony Hayward is as good as gone. The next guy will be obliged to clean house in short order.
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  #12  
Old 11.06.2010, 10:46
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Re: Good time to buy shares in BP

With the huge costs they are incurring will BP survive?

Am I being naive in saying that BP are doing everything they can for the clean up and that this leak could have happened to anyone?

Why is BP getting so much stick?
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Old 11.06.2010, 11:01
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Re: Good time to buy shares in BP

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With the huge costs they are incurring will BP survive?

Am I being naive in saying that BP are doing everything they can for the clean up and that this leak could have happened to anyone?

Why is BP getting so much stick?
Just because it could have happened to anyone you think BP should face no penalties? Crimes tend to be based on actual rather than potential events.
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Old 11.06.2010, 11:10
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Re: Good time to buy shares in BP

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With the huge costs they are incurring will BP survive?

Am I being naive in saying that BP are doing everything they can for the clean up and that this leak could have happened to anyone?

Why is BP getting so much stick?
When you affect the lives of thousands of people, their livelihood, and their general health they of course will be angry.

Not to mention the innocent animals who will suffer in great agony for years.

Unless you have been there and seen what has happened and/or live on the coast you have no right to question their reaction.

http://news.suite101.com/article.cfm...ations-a247676
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Old 18.06.2010, 16:34
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Re: Good time to buy shares in BP

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I'm a buy-and-hold investor, and I think the market has over-reacted to the crisis. Until the estimates of the oil being released begin to stablize, though, I'm not ready to buy.
Overreaction is an inevitable part of marekt these days! In both direction there are exaggerations partly due to routine methods like Stop-loss,... that many institutions use, so suddenly all wanna sell or buy.
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  #16  
Old 16.07.2010, 15:16
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Re: Good time to buy shares in BP

I did a hit and run about a month ago, then decided 3 weeks ago to jump in for the ride after reading that the relief wells were proceeding nicely. The stock is up 33% or more over its low, and I believe for one that it will continue to rise to about 45-50 pts. It should settle about 10pts below its normal value. Y'all might think about going for a ride of a few more points... Be careful though!!! If anything goes wrong with the operation, it will implode like a Ping Pong ball @ 1000 meters under the sea
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Old 16.07.2010, 15:17
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Re: Good time to buy shares in BP

I wish I had a clue how to buy.

I really really want to
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  #18  
Old 16.07.2010, 15:23
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Re: Good time to buy shares in BP

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I wish I had a clue how to buy.

I really really want to
What's the difficulty?
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  #19  
Old 16.07.2010, 15:24
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Re: Good time to buy shares in BP

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What's the difficulty?

Where to start. there is all these websites...which one do you choose.
I am clueless when it comes to this and prob should not be getting involved. But I have some money I could miss and would like to take a risk ....
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  #20  
Old 16.07.2010, 15:28
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Re: Good time to buy shares in BP

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Where to start. there is all these websites...which one do you choose.
I am clueless when it comes to this and prob should not be getting involved. But I have some money I could miss and would like to take a risk ....
Give SwissQuote a go . . . pretty easy to open an account. That's one of the most popular in Switzerland. Alternatively your bank might have a service.

There are a few other threads on online share services if you use the search facility.
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