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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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  #41  
Old 06-10-2010, 09:33 AM
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Originally Posted by SULPHITE View Post
Chinese takeover!
Walton and Johnson said something along this line yesterday. They suggested and BP sell out to China and see ol oBUMa wanted to tell them about kicking somebody's arse in order to get action!
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  #42  
Old 06-10-2010, 09:36 AM
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Originally Posted by SULPHITE View Post
Chinese takeover!
W take over yea
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  #43  
Old 06-10-2010, 09:41 AM
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W take over yea
That'd work about as well as when you took over the site! What was it, two days to crash it?
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  #44  
Old 06-10-2010, 03:20 PM
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i heard on walton and johnson this morning that bp stockholders are suing bp (don't know how this is possible) they said they was missled by the mangement. they were told not to sell because they were equiped to handle this. and now there screwed
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  #45  
Old 06-10-2010, 03:28 PM
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You can't sue for the market falls...call Enron employees
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  #46  
Old 06-10-2010, 03:53 PM
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http://www.winnipegfreepress.com/bus...-94564059.html
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  #47  
Old 06-10-2010, 04:10 PM
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Dont see that holding water.....You take a chance with the market...its like the lotto..... I mean if you loose your azz it ok to sue for the lost?
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  #48  
Old 06-10-2010, 04:48 PM
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i don't know nothing about stocks......just relaying message
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  #49  
Old 06-10-2010, 04:52 PM
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i don't know nothing about stocks......just relaying message

I hear ya....I will keep a eye on that.........I would like to know if they succeed...

I know Enron try to sue but if I remember right the judge dismissed the case
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  #50  
Old 06-10-2010, 04:54 PM
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what happens if they file ch 11? courts wont let them?
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  #51  
Old 06-10-2010, 05:10 PM
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Originally Posted by LaAngler View Post
what happens if they file ch 11? courts wont let them?


http://news.yahoo.com/s/ap/20100602/..._bp_worst_case


http://www.marketwatch.com/investing.../BP/financials


BTW I bought at 29.09 and its over $33 today
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  #52  
Old 06-10-2010, 05:36 PM
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Quote:
Originally Posted by "W" View Post
I hear ya....I will keep a eye on that.........I would like to know if they succeed...

I know Enron try to sue but if I remember right the judge dismissed the case
There was a class action lawsuit for Enron shareholders and they paid out pennies on the dollar. In that case, the suit was over fraud. Don't think you could sue as a BP shareholder due to normal business operations.

I started off my career at the Crooked E...
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  #53  
Old 06-10-2010, 06:37 PM
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U can sue and advisor for mismanagament of funds.... Like if information was withheld concerning the prospectus or overall earnings.... Can't sue a company and recoop all Ur losses.
And x2 on the market being a roll of the dice.
That's y u gott have Ur retirement $$$ spread out between guaranteed growth and non guaranteed growth.
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  #54  
Old 06-10-2010, 11:19 PM
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If execs told investors they had it covered so they wouldnt sell, I say fraud...........If they didn't I say tough luck............
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