| Author | Message | ||
Telugu_times Moderator Username: Telugu_times Post Number: 17678 Registered: 02-2008 Rating: N/A |
couple of days ago...I thought the same about the BP stock | ||
Ashton Side Hero Username: Ashton Post Number: 4386 Registered: 05-2008 Posted From: 66.90.104.94 Rating: N/A |
What I think will happen is Shell or Exxon will take over BP this would allow BP to file a bankruptcy and separate the costs of the cleanup....and potentially billions of dollars in legal claims into a separate equity... so, IMO its still a buy but we gotta wait for few more days for further action from BP | ||
Pathfinder Comedian Username: Pathfinder Post Number: 1751 Registered: 04-2009 Posted From: 216.191.245.130 Rating: N/A |
bp is lost in the spill its better now to get out before getting burned completely Nenu cHiru fan ni, ma cinema bagunte okka saare choostha, baagokapothe 10 times choostha collections kosam - oka mega pan in db | ||
Life_sucks Side Hero Username: Life_sucks Post Number: 2081 Registered: 05-2008 Posted From: 148.168.40.4 Rating: N/A |
i think its risky | ||
New_user Hero Username: New_user Post Number: 10520 Registered: 02-2008 Posted From: 66.90.73.223 Rating: N/A |
VJA BP finish aypoynatte. Ikkada lwsuits gurinchi teliyanidi, evarki? Khan Dada - Chiru. Manikyam - Pans. | ||
Vijay77 Junior Artist Username: Vijay77 Post Number: 21 Registered: 06-2010 Posted From: 199.41.197.24 Rating: N/A |
Is it too risky to buy BP stock or is it good to buy now or wait and watch? I copied this from net: BP stock has lost 43% of its value since 4/20 - a loss of $18.9B. BP reports spending $1.25 billion on cleanup and containment - a cash burn of $35.4M per day. Early EPA estimates the cleanup time to take at least 5 yrs. Economic experts such as Andrew Sorkin predict the total cost for BP to be between $15 and $40B. BP currently has $12B in cash on hand. At the current cash burn rate, all of this capital will be consumed in less than 340 days. Do you think BP will go bankrupt? | ||
Ashton Side Hero Username: Ashton Post Number: 4381 Registered: 05-2008 Posted From: 66.90.104.94 Rating: N/A |
http://stockcharts.com/h-sc/ui?s=bp It's a rare opportunity |