I still can't understand the rise Bp USA down 5% Oil down 5% Can anyone explain The dividend might get few extra pounds but that's still very odd considering what will happen to market today and next week
Must admit was a bit worried when we opened up at £3.55 but that was soon snapped up and here we are at almost £4. Didn't think about the dividend but makes sense plus oil stocks I didn't think would be badly affected and that seems the case.
WB once said the stock market was a means of transferring money from the impatient to the patient and this is the case with BP . Pedrob unfortunately could have spooked investors into jumping the BP ship but that's where the Dear Boy gets his kicks and enjoyment seeing others who have taken a punt lose their money which I see as being very sad. I bet he could not wait to get on this morning to put his poisoned knif in well it backfired and do we see him now ? No that's the measure of the dear boy !! Wishing all investors a great weekend look forward to the good weeks and months ahead Keep Smilling
Remember our dividend is now worth more because its in dollars to pounds and pound tanked. Maybe BP didn't see much of the fall out because everything is in dollars. I expected something much more worse because of JPN and Pound. Then DAX and FTSE pre market. BP is not that bad maybe actually others are dragging it. Markets had not priced any of this in too.
BREXIT thoughts? a new chapter for UK and Scotland. who knows if we stay in UK still and what happens to Ireland. so many cans of worms are opened now..
Thanks for the reply! I have always been reserved about investing money into banks myself but these prices do seem tempting ! Ftse seems to be recovering well after the initial shock which is great to see. Im just happy BP hasnt been hit . Best of luck to you also and hopefully a positive day as a whole!
I was heavily invested in Barclays for 2 years initially invested at £2.7744 and watched it drop to £2.02 I had to buy, buy, buy at all levels in between to bring my average down finally jumping ship at £2.60 and moving into oil BP and RDS , I swore I would never invest in banks again after my torrid experience but at current prices of HSBC and Barclays I can't see how you can go wrong but I will stick to my pledge and stay away once burnt twice shy Best Of Luck
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