Mega Posted July 12, 2010 Share Posted July 12, 2010 http://www.zerohedge.com/article/bp-rumormill-update-sunday-times-reports-exxon-and-chevron-receive-green-light-obama-plot-ta Are we about to say Ta Ta to a major source of overseas income? Mike Link to comment Share on other sites More sharing options...
expatowner Posted July 12, 2010 Share Posted July 12, 2010 Doubt it. They have / will force a change of CEO etc but I think its safe. Link to comment Share on other sites More sharing options...
Ologhai Jones Posted July 12, 2010 Share Posted July 12, 2010 I don't really know if it's relevant, but, last time I looked, BP's share price was doing okay today. Up about 7-8% I think it was[1]. [1] I suppose if I wasn't being so lazy, I could check to see what's going on with it now... Link to comment Share on other sites More sharing options...
Frank Hovis Posted July 12, 2010 Share Posted July 12, 2010 Based on Mega / Mike's postings I think he has gone extremely short on BP. Link to comment Share on other sites More sharing options...
Frank Hovis Posted July 12, 2010 Share Posted July 12, 2010 I'm long BP. After the story Mike linked they are up a piffling 9.5% today so you might be slightly better off. Link to comment Share on other sites More sharing options...
Frank Hovis Posted July 12, 2010 Share Posted July 12, 2010 Those Mega topics in full: Bp, Its Bad Bp.............its Very Very Bad News & It Could Break Us Bhp To Buy Bp? Still Want To Buy "cheap" Bp Stock? The Nightmare For Bp Bp....the Knifes Are Getting Sharpened! Get Ready To Buy Bp...........if Your Got Bp.........its Agent Orange Meets 3 Mile Island Bp Oil Spill Update (Here It Comes) Bp Getting Killed This Morning! Bp Getting Killed! Bp Looking For A Bale...sorry "investors" Are We About To Lose Bp? I thought the gold rampers were bad! Link to comment Share on other sites More sharing options...
Guest anorthosite Posted July 12, 2010 Share Posted July 12, 2010 We lost it in the 80s when it was privatised. Link to comment Share on other sites More sharing options...
libspero Posted July 12, 2010 Share Posted July 12, 2010 We lost it in the 80s when it was privatised. Think it's still about 40% British owned. (40% American and 20% other). Some of the wealth is still returning to these shores. Link to comment Share on other sites More sharing options...
Guest absolutezero Posted July 13, 2010 Share Posted July 13, 2010 Think it's still about 40% British owned. (40% American and 20% other). Some of the wealth is still returning to these shores. Some of the wealth is washing up on American shores too... Link to comment Share on other sites More sharing options...
pl1 Posted July 13, 2010 Share Posted July 13, 2010 Those Mega topics in full: Bp, Its Bad Bp.............its Very Very Bad News & It Could Break Us Bhp To Buy Bp? Still Want To Buy "cheap" Bp Stock? The Nightmare For Bp Bp....the Knifes Are Getting Sharpened! Get Ready To Buy Bp...........if Your Got Bp.........its Agent Orange Meets 3 Mile Island Bp Oil Spill Update (Here It Comes) Bp Getting Killed This Morning! Bp Getting Killed! Bp Looking For A Bale...sorry "investors" Are We About To Lose Bp? I thought the gold rampers were bad! This sums up HPC. When I dared suggest a couple of weeks ago BP was a good buy I was met with the usual tirade of people who can't see past a few day's, the same people who probably said don't touch RBS with a bargepole. The amount of money people lose through opportunity cost on HPC could easily pay for the whole of The Gulf Of Mexico cleanup operation! Link to comment Share on other sites More sharing options...
libspero Posted July 13, 2010 Share Posted July 13, 2010 This sums up HPC. When I dared suggest a couple of weeks ago BP was a good buy I was met with the usual tirade of people who can't see past a few day's, the same people who probably said don't touch RBS with a bargepole. The amount of money people lose through opportunity cost on HPC could easily pay for the whole of The Gulf Of Mexico cleanup operation! To be fair, a couple of us thought it was a good buy. I bought in too early before the 300 floor, and since then I have bought in two more times. Not expecting to make a fortune on it, just hoping to off-set some of what I am losing as interest on savings. Perhaps you are mistaking the most vocal view for the most popular? Link to comment Share on other sites More sharing options...
Frank Hovis Posted July 14, 2010 Share Posted July 14, 2010 To be fair, a couple of us thought it was a good buy. I bought in too early before the 300 floor, and since then I have bought in two more times. Not expecting to make a fortune on it, just hoping to off-set some of what I am losing as interest on savings. Perhaps you are mistaking the most vocal view for the most popular? You do see it when people came asking for advice. If you read some posters' views and think they know what they are talking about you would never, for example, buy a house. If a three bed semi was £5k there would always be somebody saying it was over-valued and you would be throwing your money away unless you waited until it was £2k. I did a survey last week on house price exepctations and one of the replies was that anybody who wasn't expecting >50% drops was a bull Link to comment Share on other sites More sharing options...
blankster Posted July 14, 2010 Share Posted July 14, 2010 Apparently over 50% of BP shares are owned by Americans. If the US government decides to seize BP's assets owned by Americans, as an emergency measure, the BP will be US controlled. Link to comment Share on other sites More sharing options...
Gone baby gone Posted July 14, 2010 Share Posted July 14, 2010 When Obama was on his anti-British rant/smokescreen, one of the major news programmes (C4 news?) highlighted that the majority of the tax revenue paid by BP went to the US government and BP employ more in the US than the UK, so pretty much a US company already! Link to comment Share on other sites More sharing options...
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