Member Info for Bigbadbaz

This was £5 just 9 months ago.5years is a long time in the oil business.

The specuators become investors when the speculation ges wrong.

''All of the day traders who posted on here daily during the SP ranging made a killing. Doesn’t anybody notice they aren’t posting now as they are sitting on the sidelines!''It has been noticed and posted by me.A lot of them got trapped in and are now long term holders.Easy money does not last long.

''I'll review my position here in about a year's time. Target: at least closer to double my 233+ buy. - GL.'' Jack I hope you are correct.The virus is a big problem but not the only one.The world is awash with oil.Iran and Venezuela are desparate to get back in the game and if the price hits 50$ the frackers will pile back in.No easy fix here.

''Any one on here running a short position , looks a no brainer .'' Three months ago people were on here boasting that trading between 290 and 330p was a no brainer. Where are they now?.When a thing is a no brainer it is time to worry.

''But I've never yet seen any major company cut a dividend twice in quick succession.''Bp raised it's divi in March, maintained it in June then cut it in September.You have never seen that either.There is nothing off the table in this climate.Shell had not cut their divi since ww2 but they did it in style. We are in uncharted waters here.The fact that all oil companies are the same means not a lot here.

''Still think trump will be re-elected. Maybe not in October'' Most certainly not in October.

Yeehaa,£1.50 ya beauty.Only another £3 00 and Baz will break even.Keep up the good work, you all deserve it.

I am with Halifax and get the divi into my bank account.It takes about 5 working days to get there.

'' I am probably about 25% down since Covid which isn’t that bad .'' 25%? oh you lucky lucky boy. Me? 50+

OK Treacle,gotcha.

'' What are you doing on this BB? BBB jumping into aviation Big Oil'' lol just keeping an eye on you Teddy. You were 2 share Ted before and now any share Ted.There are not many on the boards making money Teddy,and the ones that are are just lucky.All the bull sh####rs boasting about trading BP are now trapped into being long term holders. All the best Teddy from poverty stricken Baz.

''so the track and trace app and the rapid tests hopefully will stop these selfish people in their tracks. ''How will that work?,The selfish people will not be using the app.

Teddy,have you any money left?

dividend gets paid on Friday

''Confident that BP is undersold and will eventually be worth > 350/400p.'' I may be wrong but do you mean ''oversold?''

$35 /barrel should be

''what is BP's all in cost per barrel that is the burning question...forget the write offs...'' BP expects break even in 2021 to be approx. £35 / barrel. The previous poster was talking s@@t@

The pound has lost 6 cents to the dollar since the start of September and has held the price steady during a crude price drop.

At 270p I think your money is as safe as it can get in the stock market in the climate today.Hang in there.