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.

ADR's finished nicely up last night so hopefully the Yanks will keep buying today, when NY opens, and may get close to 4.50 here by knockoff.

Could do with Wall Street having a good day and turning the LSE a bit more Blue!

Results due tomorrow.

Favourable reaction from the market so far this morning, with the results:-)

4.50 looking like it will be reached/passed today...providing the Yanks play Ball this Afternoon.

4.50 breached and now to see if it will hold till the close:-)

sp getting solid above the 4.50 mark now :-)

is this the talk to ur self chav thread......good luck

lol...thanks marky ,although BP is one stock you don't really need luck with at this price. I got some more DES at 1.2275 this morning which will feed my adrenaline side whilst I watch BP creep up with my slipppers on and Cocoa in hand!

I think of BP as a Bank where I put my spare cash and it makes good interest till I need it for something else.

Makes perfect sense to me chav,what was the lowest you got them at?
RKH my banker i hope,thinking of putting them rubber wings on and Frequenting with a few tally ho,s up by till I have to go back down my mine to work tonight!!!!

This wet weather is no good for my clogs I dont get the same clip clop more like a splash plop,tom should be a better day to get some coal up.

4.07...didn't risk getting any till the Well was plugged!

Keep plugging it CHAV. in at 420p

After yesterday at DES BP is showing that the tortise can win in the end!!!

Huffing and puffing on the 4.60 line and just needs a little extra juice to push over it.....POO hitting $90/bbl should help :-)

12/14/2010 08:12:11 - MARKET TALK: Credit Suisse Raises BP Price Target To 585p

0712 GMT [Dow Jones] Credit Suisse raises BP (BP.LN) price target to 585p from 515p to reflect the brokerage's new estimates for crude oil prices and because it considers the market to be overestimating the costs associated with the Macondo oil spill. "We believe that BP has sufficient funding to pay for all liabilities even under conservative scenarios," says Credit Suisse.

Market seem to be taking last nights News of the US suing BP, in it's stride...thought BP may have taken a large fall this morning but I guess it was already factored in.

Good old BP still plodding upwards...slow but reliable :-)

its as bad as Des Chav with the ups and downs..........have to make a choice tom as news i would think when markets re open after xmas........................maybe better in RKH or half....or BP

what you need is some spikes on them clogs to stop the slipping,u need a good clip clop...and a pint...catch up soon as not down my mine much.

lol...BP is nothing like DES Marky and is low stress investing for the bigger numbers, lower % gains but much more invested because it's so much safer!

Rather you than me down the mine in these temperatures!

Came out the mine the other day and got some great pics of the Tyne frozen over,DES should be near TD.......shall i keeps spikes on and hold or get running clogs to the ready...tum to tum to tum...what to do!!!!!!