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The Trading Floor (Investing, Stocks, Bonds) Discuss investing and investments here! Do your own due diligence before investing. We are not responsible for any advice or recommendations within this forum!

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  #21  
Old 06-07-2010, 03:44 PM
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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=
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  #22  
Old 06-07-2010, 04:06 PM
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im just waiting to pull the trigger on some BP Stock
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  #23  
Old 06-07-2010, 04:11 PM
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im just waiting to pull the trigger on some BP Stock
I got money on standby!!!!!
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  #24  
Old 06-07-2010, 04:14 PM
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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

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
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  #25  
Old 06-07-2010, 08:37 PM
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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
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  #26  
Old 06-09-2010, 03:23 PM
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Just bought my first round of BP stock 150 shares at $29.08

already making money......29.40
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  #27  
Old 06-09-2010, 09:15 PM
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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.
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  #28  
Old 06-09-2010, 09:34 PM
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Wait for it.....Wait for it......Wait for it.......
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  #29  
Old 06-09-2010, 09:37 PM
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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

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.....
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  #30  
Old 06-09-2010, 09:49 PM
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Quote:
Originally Posted by "W" View Post


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

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.
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  #31  
Old 06-09-2010, 10:00 PM
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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
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  #32  
Old 06-09-2010, 10:24 PM
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When did it hit $100, a couple of years ago or something?
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  #33  
Old 06-09-2010, 10:43 PM
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Quote:
Originally Posted by "W" View Post


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

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].
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  #34  
Old 06-09-2010, 10:44 PM
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Just a figure of speech
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  #35  
Old 06-09-2010, 11:10 PM
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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.
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  #36  
Old 06-09-2010, 11:22 PM
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This is going to be a great buy for all.....
hmm, i dont know
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  #37  
Old 06-10-2010, 08:15 AM
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Quote:
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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.
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  #38  
Old 06-10-2010, 08:31 AM
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Don't tell me I didn't say so...oil is the most powerful thing in the world!!!! BP is 2nd major...
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  #39  
Old 06-10-2010, 08:45 AM
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What do you guys think about this?

http://money.cnn.com/2010/06/09/news...spill.fortune/
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  #40  
Old 06-10-2010, 08:53 AM
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Quote:
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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!
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