Does it make sense to sell it while it is very low then buy the same stock again to own more shares? Does anyone see a future in just holding the existing shares and hope it goes up in the future?...
I'd like to learn about the stock market. Where should I go? Can I make a lot of money investing my money in companies? Or is the money better spent on savings accounts?...
I havent received a coupon for close to 6 months and was wondering if any are out there. I want to make a large purchase by the end of the week and could use any helpful guidance to save on it. T...
Just curious.
I keep seeing the commercials. Additional Details AB!! I thought you were more brodenned mein freund!
I have seen the gold commercials on FoxN and on MSNBC in ...
I can tell this one is way to nice to be real even though the seller is asking top dollar for a fake 1796 for sure... Here is the link to the ebay page on which it is being sold: http://cgi.ebay.com/1...
im 18 years old. I have a bad heart problem, which is causing me to go on disability. I just graduated high school. I love and want to invest in the future, its my passion. But i cant go to a regular ...
I am really starting to get into saving and making money and working on my finances. I finally learned the difference between liability and assets. But i don't make enough at my job and want a ...
No one really knows, but since there are so many variables in this dreadfull situation, wait it out until the stock seems to settle wherever it does. Remember this disaster will go on for years, so there is no rush to get into the stock. BP has to cap the spill, clean up the Gulf, reimburse the fishing industry whatever they can prove they will have lost, reimburse tourism along several states, and possibly other countries, and hope they can prove there was no ciminal intent involved. They may also have to sell assets to cover their losses, and face a decision by the U.S. to get out of the region. They could end up a smaller company when all is said and done.
Too many possible negative scenarios to consider buying into it yet.
Drunken Hero
14% down today.
Wait until it gets to 14 cents. They will be in lawsuits up to their neck for the next 10 years.
Stock Trading Warrior
Have you ever heard the saying that buying a declining stock is like trying to catch a falling knife? I'd rather see you make a donation to your favorite charity instead of buying BP.
This was a short call all the way back at around $52. It showed a bit of strength a few days ago and as you can see it failed. The downward trend has not reversed, the general stock market trend has not reversed and this is not a buy. Frankly, it's not a time to buy anything right now.
Outside of the general market downturn, BP's price is in an utterly complete downward trend with no sign of upward movement and because of the calamity they're facing, I doubt very much that it will shift upward for a very long time.
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