SaltyCajun.com

SaltyCajun.com (http://www.saltycajun.com/forum/index.php)
-   The Trading Floor (Investing, Stocks, Bonds) (http://www.saltycajun.com/forum/forumdisplay.php?f=34)
-   -   BP Stock (http://www.saltycajun.com/forum/showthread.php?t=10043)

cmdrost 06-07-2010 03:44 PM

very good article on Yahoo Finance today about BP:

http://finance.yahoo.com/news/How-Will-BP-Survive-the-zacks-193180885.html;_ylt=AocbN6jc_Ya0z6EXOohxc5O7YWsA;_ ylu=X3oDMTE1OG5xajVmBHBvcwM1BHNlYwN0b3BTdG9yaWVzBH NsawNob3d3aWxsYnBzdXI-?x=0&sec=topStories&pos=3&asset=&ccode=

"W" 06-07-2010 04:06 PM

im just waiting to pull the trigger on some BP Stock

Red Devil 06-07-2010 04:11 PM

Quote:

Originally Posted by "W" (Post 161481)
im just waiting to pull the trigger on some BP Stock

I got money on standby!!!!!

"W" 06-07-2010 04:14 PM

Quote:

Originally Posted by Red Devil (Post 161484)
I got money on standby!!!!!


Hell yea..... Let the fools in NEW YORK Sell out....Ill pick up there tab for $30 a share and in 5 years sell it back to them for $100:D:D:D

BP is not going nowhere.....Only ones getting hurt are the convenience stores who just sale BP gas....it has nothing to do with them...So they boycott BP Gas and kill the small stores..... but like the saying goes.... NEW YORK CITY

mikedatiger 06-07-2010 08:37 PM

Good luck with BP stock. Best case scenario is that they get purchased or declare bankruptcy and re-structure to eliminate the litigation burden (create an entity to hold the debt obligation).

If you want to play the game try a stock like RIG (transocean). Very volatile which is great for trading...

http://www.nytimes.com/2010/06/08/bu...r=yahoofinance

"W" 06-09-2010 03:23 PM

Just bought my first round of BP stock 150 shares at $29.08

already making money......29.40

Gerald 06-09-2010 09:15 PM

The talk this afternnon on CNBC was that the BP stock could go even lower.

The stock is down a little over 50 % since Apr. 20.

2ndamendment 06-09-2010 09:34 PM

Wait for it.....Wait for it......Wait for it.......

"W" 06-09-2010 09:37 PM

Quote:

Originally Posted by 2ndamendment (Post 162733)
Wait for it.....Wait for it......Wait for it.......

:*****::*****::*****::*****::*****:

Im sure it will bottom around 20 but I needed to get some of the pie....this might make me rich one day:D:D

Just think If I can buy 1000 shares at 20....and it goes up to $100 again...

Good turn around....you know it will go back up....Im going to move about 30K of my retirement into BP....This is going to be a great buy for all.....

2ndamendment 06-09-2010 09:49 PM

Quote:

Originally Posted by "W" (Post 162739)
:*****::*****::*****::*****::*****:

Im sure it will bottom around 20 but I needed to get some of the pie....this might make me rich one day:D:D

Just think If I can buy 1000 shares at 20....and it goes up to $100 again...

Good turn around....you know it will go back up....Im going to move about 30K of my retirement into BP....This is going to be a great buy for all.....


I hear ya....If it drops to $20 I will be all over it. Chuck Norris will not be able to pull me off it.

"W" 06-09-2010 10:00 PM

Quote:

Originally Posted by 2ndamendment (Post 162753)
I hear ya....If it drops to $20 I will be all over it. Chuck Norris will not be able to pull me off it.

I can see it now......Sitting on my porch in Big Lake watching the sun going down......... And Will have to thank BP for making that happen:p

tumbleweed 06-09-2010 10:24 PM

When did it hit $100, a couple of years ago or something?

Gerald 06-09-2010 10:43 PM

Quote:

Originally Posted by "W" (Post 162739)
:*****::*****::*****::*****::*****:

Im sure it will bottom around 20 but I needed to get some of the pie....this might make me rich one day:D:D

Just think If I can buy 1000 shares at 20....and it goes up to $100 again...

Good turn around....you know it will go back up....Im going to move about 30K of my retirement into BP....This is going to be a great buy for all.....

Jan. 2008 BP stock was $ 78. That was the all time high [split adjusted].

"W" 06-09-2010 10:44 PM

Just a figure of speech

tumbleweed 06-09-2010 11:10 PM

Gottcha, I have a ton of exxon stock and the highest it got was around $93. Either way I bought some BP also. I have a good feeling it will come back around. For the most part you can't go wrong with Energy Stocks.

LaAngler 06-09-2010 11:22 PM

Quote:

Originally Posted by "W" (Post 162739)
This is going to be a great buy for all.....

hmm, i dont know

cmdrost 06-10-2010 08:15 AM

Quote:

Originally Posted by LaAngler (Post 162800)
hmm, i dont know

I agree.....still unsure of impact of legal liabilities with this spill. And at such a reduced stock price, it becomes extremely vunerable for a takeover.

"W" 06-10-2010 08:31 AM

Don't tell me I didn't say so...oil is the most powerful thing in the world!!!! BP is 2nd major...

Peemoan 06-10-2010 08:45 AM

What do you guys think about this?

http://money.cnn.com/2010/06/09/news...spill.fortune/

SULPHITE 06-10-2010 08:53 AM

Quote:

Originally Posted by cmdrost (Post 162838)
I agree.....still unsure of impact of legal liabilities with this spill. And at such a reduced stock price, it becomes extremely vunerable for a takeover.

Chinese takeover!


All times are GMT -5. The time now is 10:22 PM.

Powered by vBulletin®
Copyright ©2000 - [ARG:3 UNDEFINED], Jelsoft Enterprises Ltd.
vB.Sponsors
All content, images, designs, and logos are Copyright © 2009-2012,
Salty Cajun, LLC
No unathorized use is permitted