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Thread: When's the Right Time to Buy BP??

  1. #21
    Join Date
    May 2009
    Location
    New York
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    3,772
    Quote Originally Posted by javanx3d View Post
    Looks like 27.05 is the current bottom for the stock at the end up June...poking over 40 bucks a share today.

    I did not roll the roulette wheel on them this go. Now the question is how many decades until the Gulf is cleaned up...
    I don't now how the market keeps going up considering the state of the economy. At some point it's going to crash. It's just about when. But knowing when is how millions are made. It's easy to know that there's going to be a crash.

    Quote Originally Posted by TopDogger View Post
    Glen Beck pulls out some very interesting facts that seem to somehow get buried otherwise.

    Personally, I suspect that Obama is trying to bankrupt BP or at least drive them out of the USA. If he is successful in lifting the $75 million liability on the oil industry (he will be), few companies would want to drill here because the risk and liability will be too great. That satisfies his agenda.
    Glen Beck has exposed a detailed connection between the Weather Underground, S.D. S., and Obama that is right out of the Weatherman Underground manifesto. The Obama stimulus bill was written back in 2008 by the S.D.S.

    Beck believes that they are trying to overload the system into bankruptcy. He actually came up with some interesting connections with the out-of-control spending and the Weimar Republic. Surprisingly, the Weimar Republic was going through a deflationary period similar to now. Prices where actually going down until it reached a point. Then whooom. Before anyone could react they went into hyper-inflation.

    Social Security has now for the first time started to pay out more than it takes in. When you consider the $2 trillion dollar state pension gap, $5 trillion in Fannie/Freddie loans, $1.8 trillion Federal deficit and $13.7 trillion national debt, the financial crisis in California, New York, Illinois etc, the Obama Healthcare plan -- it's just a matter of time.

  2. #22
    BP and SOCAR (the State Oil Company of the Republic of Azerbaijan) have signed a new production sharing agreement on joint exploration and development of the Shafag-Asiman structure in the Azerbaijan sector of the Caspian Sea. Speaking at the signing event, Bob Dudley, Group Chief Executive Officer, said: "This is an important day for Azerbaijan and BP as it marks the beginning of our bilateral cooperation in exploration and development of a new offshore block."

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