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Ok moose maybe it has mate, sorry I should be more considerate to holders. But it is completely natural for the price to shift up as-well as down, but the overall/ longer trend is definitely up for boo. We did see .16 last week and a sharp rise above .30
And this is what happens when the lloy’d crowd join the BP board. Lloyd worst board Iv come across full of people to clever for there own good. It doesn’t take a genius to state oil price is up and the share price is going up in a bull market. VOLATILITY VOLATILITY VOLATILITY
I always love it when people say surly your not implying that buys and sells have a influence on a ftse share.. that is what your implying ?
Well do you think any buys or sells have a impact on the share value ? How do you think the day to day share price is determined at the most basic level? Hahaha surly it’s nothing to do with what people are prepared to pay for it I.e. trades OMG HAHAHA SORRY
Oh and when I say Casino like I’m not referring to the risk elements as there isn’t all that much risk attached to blue chip.. I refer to people expect casino like returns and that in turn I’d say causes volatility which has changed the market. This is why long term investors such as mojo may want out?
I love the new norm btw..
GLA
You mention 22 years!! We are not saying that the ftse has been casino like for 20 years. I assure you, most people understand that it has become casino like post covid with the influx of retail traders and Reddit guys and Robin Hood traders if you think any different mate ?! I dunno you need to adapt to the reality it will help you. As always GLA to everyone and may all your trades be fruitful!!!
Thronegames trust me people made money after the pandemic kicked in. There was a influx of retail traders whom could not get into there bookies due to lockdowns and chose the markets for there fix. The sheer numbers whom took up trading has inflated most stocks as we can see has caused a maybe bubble in global markets and as mojo has said 5 to 10% isn’t enough for these people. You can currently trade blue chips almost like Aim in the early 00’s. Correction coming but when ?!?
GLA and here’s to the dream, cheers.
@mojo what’s you target price if you don’t mind me asking? I’m also still on the side lines I don’t believe the recent run can last till a small pull back, don’t get me wrong I want back in this is a great company. I haven’t been monitoring bp for awhile any updated TA or charting info available?