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Bhp To Buy Bp?


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nah thats just trading floor gossip dude...

if the shareholders wanted to sell then why do it at the lowest price for years ?

bp shares are a buy at these levels IMHO... the SOTP valuation is waaay higher...

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I dont' know if this gossip has had an effect but BP are up 7% today so far.

A few posters were saying wait til 300p but maybe too many thought they were cheap enough.

I think there was a note out from MOST or someone yesterday saying that a sum of parts valueation of BP was more like 950p intrinsic value... and then there was some lame warren puffet rumour as well as the Billiton story... by the net effect is that sort of talk has made the bears think twice about dumping the shares...

and the Cameron thing too... probably going to ask the obamator to calm it a bit...

I'd be a buyer at yesterdays prices i think....

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