Alps Pacino

Just been looking at the share prices and bp shares are at an all time low due to the slight oil leak in the gulf.

Just wondered if anyone has an opinion on buying some shares now there low as i cant see them going bust and will no doubt recover to where they are?

silver

I reckon that they will still drop as there is talk of Mobil waiting for a takeover bid and some people now are wanting to boycot BP.

Buying shares in BP is high risk,. but if they pull through the reward could be good.

St3V3_C

How can I buy some without paying most of my profit in commission?

Alps Pacino

thats what i'm thinking, i cant see them going bust but you never know. Think i'm going to do some research and might punt 10k into them if there looking worth a punt

TWoods

They dropped 45% in shares BP loosing Ł56 billion this week already because Obama taking it personal slagging off BP and British industries.

Alps Pacino

what if i slip obama a 10er to bull them up then and they will be worth a mint again.

EIL132

Obama is a smart cookie, or rather the guys that stick their hands up his arse and make him talk are. BP will be taken over by a US company as it will be driven into the ground (partly their own fault) and they would hit them with huge restrictions in the future. Big hit for the UK imo.

TWoods

Its the credit crunch coming around again already