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Started By
Message
re: BP Stocks are falling like a lead balloon
Posted on 6/1/10 at 4:28 pm to TheHiddenFlask
Posted on 6/1/10 at 4:28 pm to TheHiddenFlask
quote:
some things are lost on idiots.
You are, without a question, a dumb-arse.
Now, go look that up!
2
Posted on 6/1/10 at 4:52 pm to adono
I don't dispute the arse part, but if you would like to call me dumb, I suggest that you debunk the notion of my post concerning the efficient flow of capital in free markets.
I recently read a study on the matter, so it is possible. I, however, doubt you will.
I recently read a study on the matter, so it is possible. I, however, doubt you will.
Posted on 6/1/10 at 5:13 pm to TheHiddenFlask
I am with you...I could possibly hedge my losses of property value with BP shares. I considered buying at $40 but today it went to $36. What do you think the low will be?
Posted on 6/1/10 at 5:20 pm to CharlesLSU
Quotes or GTFO!!!
Posted on 6/1/10 at 5:27 pm to Douglas Quaid
quote:
Quotes or GTFO!!!
take this crap to the OT please
Posted on 6/1/10 at 5:31 pm to CharlesLSU
quote:
BP Stocks are falling like a lead balloon
How many stocks do they have?
Posted on 6/1/10 at 5:33 pm to jennBN
quote:
I am with you...I could possibly hedge my losses of property value with BP shares. I considered buying at $40 but today it went to $36. What do you think the low will be?
I said it at the beginning and I still say it now, but until that well is plugged, BP equity is something I am not touching.
I think that it is at a good value right now, but that doesn't mean I don't think it will go lower. I did, however, close my put positions on the stock today. Ridiculous amounts of profit from buying deep out of the money puts were the easiest money I have made since flipping shares of bear stearns in 2007.
I am thinking about buying into some out of the money calls on BP, but one again, I think holding the equity is playing with fire.
Posted on 6/1/10 at 5:41 pm to TheHiddenFlask
I am not good with puts and calls. My husband said I am a bottomfeeder! What do you think of DO and SLB?
Posted on 6/1/10 at 5:49 pm to jennBN
quote:
take this crap to the OT please
Is it not a reasonable request given the thread title?
Posted on 6/1/10 at 6:03 pm to jennBN
Not around a computer, but if you take that to the money talk board, you will probably get some good feedback.
Posted on 6/1/10 at 6:03 pm to Douglas Quaid
What was the price before this situation?
Posted on 6/1/10 at 6:34 pm to UnluckyTiger
About 60 bucks
Posted on 6/1/10 at 7:27 pm to tylercsbn9
quote:
Could soon be a good time to buy
Buy it and add a put for some insurance.
Posted on 6/1/10 at 7:49 pm to Schwaaz
I wouldn't touch that stock until the well is capped.
Posted on 6/2/10 at 9:37 am to TJG210
quote:
Bunch of oil related stocks are falling like stones.......Check out NOV @ $36 I absolutely love it this low.
I have Exxon stock through work and it's dropped about $10 a share in the last month and a half. It's not just BP.
Posted on 6/2/10 at 10:02 am to JonTheTigerFan
Posted on 6/2/10 at 10:53 am to TheHiddenFlask
quote:
Implied point was the efficiency of capital markets will never allow a protest on equity ownership of a company to have an effect.
I can well understand that there is money to be made from any movement of a stock price...and I can appreciate your position that personal sentiments should not enter into a technical analysis of equity prices. But you are essentially saying that consumer sentiments, moral sensitivities, and deplorabe circumstances have no effect on the price of equitites. Just because you do not have some greek letter that represents personal sentiment and/or external shocks to plug into your calculus doesn't mean that there is no quantifiable effect on stock prices from these factors. Elusive to quantify?, of course. But it is there.
So don't hijack a thread with a drunken and reckless assertion from the grail of academia....take it to the money board where there is more competition for you.
Posted on 6/2/10 at 11:21 am to Tiger JJ
quote:
How many stocks do they have?
smartassPosted on 6/2/10 at 11:22 am to Kramer26
quote:
I wouldn't touch that stock until the well is capped.
this....but, the roulette wheel is spinning from that point.
Posted on 6/2/10 at 11:26 am to TheHiddenFlask
quote:
efficiency of capital markets
you spent too long sucking up that bullshite you heard in CEBA.
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