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.

Gausie, what good news is that then, Do you mean the Guy who's just blown his own brains out because he's lost his Livelyhood - Sure that'll get the sp flying, Hang on though, get any 25 Million people with claims to do the same and hey presto you might get a Dividend in 10 years not 20. Even BP. as big as they are will not survive this in the long term - Obama WILL seize assets, BP will cease to exist as is, that is a fact. By all means take your gamble and buy the shares, just dont be crying when you get a 'Told you so' in the future. Now stop inter-rupting me Im filling my BP. Claim Form out for cleaning the Hulls of my Super-Yatch.

Nord - "what good news is that then?" - that's the point. I have no idea what good news might come, nor indeed whether any will. Nobody expects any good news, everybody expects bad news. Bad news will consequently do little to shift the sp. Good news will put a rocket up its arse. Ask a competent trader what the word 'sentiment' means.

I don't give a toss about obama or dividends or long term industry prospects - all that nonsense is in the price. And so far as your 'super yacht' (or 'super yatch' or whatever you call it) is concerned, I wish you the very best of luck with your insurance claim.

So far as regretting the trade is concerned, there's little chance of that. I opened the position expecting a loss and I traded the opening position reasonably succesfully this morning. If you check back you'll see I posted the trades as I made them. I have banked a small profit (just a couple of hundred pounds) and have used the additional profit from this morning to bankroll any prospective losses on the remaining position. It's now a win or win trade for me. If I do cry when you give me your 'told you so' speech, it's likely to be tears of laughter at your inability to understand the simple methods that traders use to spot opportunities to make money whilst sheep and bunnies like you stare frozen into the oncoming headlights.

Have you never traded against strong sentiment before? It usually offers the very best of all market opportunities.

Now go finish cleaning your yacht. And do the little yellow duck too. It'll be bath time soon.

G

On the other hand a hurricane or two might be the best thing to happen, it could well have the effect of naturally dispersing the oil natures way. Not disputing the fact that oil is still gushing and until stopped is still the problem. In my naieve mind I would have thought with todays specialty explosives, they could have sealed the well with a charge in the right place and drilled again for a new well.....any comments? BB

Whatever, for 200 profit mate - Give up you'll be telling me next you do spread betting as well !!! You end up losing all your Benefit Money playing them games, buy yourself The Sun , Throw a dart in the Horsey section and put your dole money on that, you'll have more chance. You Big Spender you !!!!!! Roflmao

If that was the 'told you so' speech, then I'm already crying with laughter. 250 profit is the downside of the trade.

What's the downside on your short, oh great Sensei?

250, Wow, what a player you are - Probably what it cost you in charges when you lost a packet on your Jarvis shares, seem to be a bit of a chancer to me - Did you buy them on sentiment as well !!

>>Nordcaperon

I seem to remember doing alright on Jarvis over the years - are you referring to any particular trade? It would be awfully flattering to see you're researching me. At least it would be if you mattered.

250 profit as downside is small beer to you? Wow. You must have such a massively huge ePenis! I am truly in awe at its size.

Coming off fast after US opening, and now back just above support.

Dilemma time - hold or add? Suspect hold is the better option for the time being. Review in an hour.

Added 331.75

Nordcaperon - How about you sharing (no pun intended) your trades with us all. Easy to criticize other people, at least Gausie has the balls to share his however misguided you may think they are.

Chris - I think he's too busy supervising his butler painting his yacht. Then he's going to watch his chauffeur wash his ferrari, then he's back on to his private jet to re-measure his e-penis. He's joining Tabby with a couple of pineapples in Tabby's west wing tonight. Aint the internet great?

Stopped out - small loss.

Nord.you got a friend for life in me mate dishing it out to that piece of ****.
Gausie keeps doing his bo**ocksthen goes running to Mummy for a top uphe is pretty dam good at telling everyone else how wrong they areI remember him shorting M&S @ 2-25.when I was long only to see them hit 3 in double quick time now he is doing his nuts in BPlolbut of course hell make a shed load of moneyMummy will see to that the Man is a fruit case! A Pineapple one
Keep up the good work my friend

Chris at least Gausie has the balls to share his however misguided you may think they are.
---------------------
Chris.he is as slippery as a conger eel in a bowl of jellybe warned!

Hi tabby, my little stalker friend. I wondered when you'd pitch up. But knew you would. Guess I need to change my aftershave.

Are you still preparing your court case against me? For where you claim I've stayed just inside the law? Should I be quaking in my boots?

Does your missus still give blowjobs round the back of Gillingham M&S to try to cover your meldex losses? And are all her customers still asking for their money back?

Oops - sorry, you corrected me when I misquoted you last time. It's Rainham M&S, isn't it?

G

" Regular contributor to Traders' Room threads with occasional forays into Investors' room. "

I think you have just outstayed your welcome Gausie , if ever there was one.

.

Aldwickk - it's nice to meet my host. If you need to borrow 50p to take round the back of Rainham M&S, please let me know.

xx

errr tabby your biased ... we all kicked the feck out of BPRG/MDX including Gausie while you carried on urging the uneducated to keep buying.

This is no MDX.

Oi Aldwickk ... correct me if I'm wrong but weren't you one of Sue Helen's admirers ?

Hows your YOO doing ?

lol ... says it all