Member Info for Paddyboy1

This share was nearly £7 in 2006!

3% is better than any bank or savings account offers by a long tranche & you will have double bubbled on your outlay while any money in those accounts would stay the same!

exactly my point always on this stock. For sure, you could make more cash short term in umpteen other stocks over this one. BP however at these levels anyway offers minimal risk (A+ credit rating from all major agencies, S&P, Moodys etc), 8% yield & capital gain for the future. With my current holding i will get an income of several 000 per annum & the prospect of a nice lump sum when i choose to sell. Madness leaving funds in bank accounts at 0.00001% interest when this stuff is lounging around at these prices. Bar Deepwater Horizon disaster, BP has always been over £4 since 1997 until Covid. Absolute raging bargain here!

this share is still way too cheap. i'm surprised it hasn't gone higher yet looking at the travel etc stocks. Even at £3 this is cheap. I remember in June BP @£3 caused a buying frenzy among people. Amazing how the sentiment has changed & we now have this vaccine news. I really would've thought oil stocks would kick off higher. Ne'er mind, all good thing come to those who wait i suppose & i've learnt the hard way on some shares that patience is everything in this gig!

i bought these at 88p last week. Had just sold my NEX shares. Missed out on a huge rise on them. Luckily these came to the rescue!

yes when i traded this back in June i remember support/resistance levels were 304, 314, 323, 335

After 250, what's the next resistance here?

fair enough if playing with someone else's cash have to cover your backside. Also i understand the need for them on short positions & stuff for same reason. I've seen a few peeps get caught by the SLs during the covid volatility though!

i'm not a great believer in SL's anyway but surely if you were going to set one you'd wait till it reached a good level e.g. 280 then set the SL at e.g. 260. each to their own i suppose but surely the idea is to lock in gains & protect against risk!

a stop loss of 209 is pointless. SP is miles from there!

seatbelts on!

I really can't see this dipping back down much again, unless the vaccine turns out to be a pile of BS!

website's always a mess when large movements. took few attempts to buy these this morning too!

just missed today, 250+ tomoz no probs!

managed to pick up a few more @230 this morning. bargain

Anyone selling at this price now is crazy. It was trading at these levels just 6 weeks ago. this could be 300 by end of week easily. I was trading this in June when it was 300-370 & no vaccine in sight. Don't be tempted guys, this has a long way to climb yet!

Yes how it can change around. I was so annoyed early on as i'd cashed in all my NEX shares just before the lockdown kicked in. Seemed the right thing to do at the time & i bought a large chunk in here with half the proceeds. I'd topped up a few more in here this morning & had bought into Greencore last week at 88p as a bit of a speculative one. NEX was booming before the vaccine o i was disconsolate then all my other ones kicked off this up 16% & GNC up 30%. Brilliant! i think this will rise a lot further tomorrow. 230 is small beer here!

& it actually looks like his victory will be quite convincing in the end. I think Trump will end up going quietly rather than waste all his cash on lawsuits!

i would expect a rise just on the basis that the uncertainty is over. I don't think BP will be affected by Biden. The SP has tanked so much on the basis that they are committed to renewables i can only see a Biden administration being pro BP's plans!

I will be putting the proceeds from here into BP which i did with the 1st half of these i sold. BP a great bargain at the moment!