MMs seem remarkably sanguine about developments in E.Ukraine - maybe a reflection of the West's inability to do much either way. This will pan out eventually. I trade AIM and FTSE 250 stocks but, with its decent dividend, view BP as being one of my bankers.
Same with me. I managed to catch the bottom in 2010 and have held since. I reckon that Ukraine and Russia will reach an accommodation soon. I cannot see supporting the unrest in E.Ukraine as being in Putin's long-term interests, so I expect the situation to be de-fused gradually over the coming weeks.
Certainly, I am holding for the long-term. £6 by end of 2015 should be on the cards.
Judge has thrown out the lawsuit against BP for $256B brought by former (dismissed) contractor alleging BP lied to Interior Department about safety on Gulf Of mexico Deepwater Horizon Platform due to complete lack of supporting evidence. A ray of sunshine for BP at last.
Hi Wispert. BP is not a day traders share unless you have a few hundred thousand of them, and if you do, then it is up to you to 'call' the markets move. remember that each buy will attract a 0.5% levy and each sell will have broker commission, so you would need a movement of over 1% on the day....very rare.... The Dividend is good and with BP buying and then cancelling share each day, the dividend will rise...Once they have sorted the Gulf of Mexico settlements and if the tensions in Russia are removed, then this will start to climb, but the Rosteft connection could stall the SP for a while... But for sure these are only my opinions, I have a very large holding in BP and I do not intend to leave yet.. I hope this contributes to your question.
Hi all Quite new to dealing regularly and not a day trader however having made a series of positive moves in the market over lastcouple of years harder to find high cap gain shares so decided to sell what I had a nd put into several shares with descent yield and value more household names so to speak that said this share is not doing me any good cap value wise but my main requirement is yield any body trade this share enough to help with some direction or places for research.
Oil price tumbles as supply trumps political troubles: The price of oil has fallen to its lowest in more than a year as a supply glut allows markets to shrug off concerns over the crisis in Ukraine and the impact of Islamist rebels in Iraq.
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