The oil rig disaster in the Gulf of Mexico has damaged BP's reputation will they manage to avoid a share collapse to 350p.?



472p to buy this morning.

and i'm back in again albeit 5/6p higher than where i got out, but if sp keeps climbing now, should i care

Cynic...when buying stock with a CFD, is there a daily charge till you sell them?

no, they're completely open-ended too ..... i sold merely as a precaution and to lock in some profit .... up to now, i have been using BP solely as a trading stock, but as things seem to be crystalising, a bit of longer term confidence may return, and the wild swings pretty much eliminated

Thanks...I've used IG on the Index's but not for Stocks so wasn't sure how it went...may have a dabble with DES/RKH and reduce my CGT which is looking costly at the moment.

chav - not sure what cfd provider cynic is using, but cfds are usually margined and so there's an overnight interest charge debited from your account for long positions with most providers - meaning there usually is a daily charge in holding.

Similarly, overnight interest is usually credited to your account for short positions.

The other thing to be aware of with CFDs is divvies - when you're short on the day a share goes ex you usually have to pay the divvy - if you're long you get a percentage of the divvy credited to your account (such percentage usually open to negotiation when you open the account with the provider).

Gausie...thanks...The Divi's wouldn't be a problem as I hold those sorts of shares with cash and only thinking about trying CFD's for some short term trading.

What rate of over night interest charge would be average...I would be using IG myself.

chav - rates are negotiable (although providers will initially tell you they're not). You're best to negotiate on long/short interest rates, divvy percentages paid, and commission (in base points) - these will be dependant on the level of trading you expect to do.

ok Gausie..thanks again

Loosing ground this afternoon as the futures are not so rosy as earlier
from reaching ADR's $41.10 are now $40.42, here 434.50 to now 424.45p

Below how the Indicators and Bollinger Bands are on the day order on the chart:
MACD, RSI, Williams, Momentum

Here he is again with his silly childish charts, bet you got a train set as well masterbates

Pond life septics bringing BP down again, I would love to send them something bad.

chav - just speak to the IG guys ..... there must indeed be an interest charge, which i confess i had forgotten about, but it must be pretty minimal

Wrong thread!

Re CFDs, it's normally tied to LIBOR

well i normally get tied to the bedstead when the handcuffs are not to hand so to speak

Wrong thread, cynic? ROFLMAO!

isn't it strange how men think more about kinky sex as they grow older, must be something to do with declining potency.

(a) it all depends on what you think is kinky - seemingly an awful lot - and (b) i hadn't noticed especially

For those who aren't sure about the difference between kinky and perverted:-

"Kinky" is when you use a feather.

"Perverted" is when you use the whole chicken.

Or if you are like pisspoor treble when you dress your boyfriend in his school uniform.

I bet the bastard is on the register.