HOW LOW WILL THIS GO2 Aug 2024 12:07
Well here we go Down. I sold 90% of My Shell Shares to Buy BP. Thats beginning to look a bad gamble. I sold a ISA last week to prop up My Holding. Many have come across My Posts on Shell + vodafone sites + know My Buying record is not Good. All My Buys do well then Plummet. As Someone said on a recent post , he chose BP + GSK , instead of Astra + Shell. You need a bit of luck, but some people dont get that it seems. To My Mind this will fall further. If it cant reach £4 70 with OIl over 80$, the Hamas conflict , the ukraine russia war, when is it gonna break out. BP missed a big Opportunity to bring in a new CEO + shake things up, IE look at rolls royce. I feel £4 30 after ex divi. Then it could well go further. Opec have little impact anymore + if anything the meetings bring more downside now. The rise in DIVI has been gobbled up in the rising Doolar, so i cant see that attracting the Big Boys. Its a Long Term Hold from here . My brother predicted £5 70 in June just gone. £5 60+ looks a long way off imo. Yes things change quickly in OIl, but BP is Way Way Behind Shell IN Share Price + Way Off its Usa Peers.