BP is gone. Under 5 in 12 months

Discussion in 'Stocks' started by myoffices, Jun 11, 2010.

  1. you hypocrite. Or do you ride a bicycle to work everyday. Plus you have no issue to pay 7dollars a gallon, do you? Otherwise don't point the finger at mass production facilities that fail every now and then because they are the ones which provide you with cheap stuff for cheapos. Very simple.

     
    #41     Jun 14, 2010
  2. Bought some BP @ ~ 30.30 (12:00).

    Looking to sell some june volatiltiy if we pop up from here.
     
    #42     Jun 15, 2010
  3. Taking some off @ 31.25 >> 31.75 >> selling vol afterwards.
     
    #43     Jun 15, 2010
  4. Holy shitballs that was fast :]

    Reduced 50%. Holding rest. News?
     
    #44     Jun 15, 2010
  5. This could go crazy. Looking to take some more off @ YH's 32.50.
     
    #45     Jun 15, 2010
  6. subban

    subban

    You could buy the Jan '11 2.50 puts only .15 cents if you really think bp is bk and britain won't bail out.
     
    #46     Jun 15, 2010
  7. Out 75%. Delicious.

    Thank you BP.
     
    #47     Jun 15, 2010
  8. Out ~ 90% (sold some cc's). Leaving some runners on.

    But mostlikely this POS goes back down :]
     
    #48     Jun 15, 2010
  9. The Obama administration has to get tough and show its teeth. I think TONY from BP is feeling the Bite. may even be arrested like the execs at ENRON. Its time to show the world that The Govt means business. Notice that no other oil company has reached out with any solutions.

    Its like a whore with HIV at a Whore house...

    BP will fight but it will be sold to a competitor. Govt bailed ot Merrill and BAC but not Bear stearns. This is the Bear Stearns of this industry. The 2.50 calls in Jan may be risky but may show a premium.

    The amount wasted is enormous. How about buying garbage from all the municipalities across the country and continue to fill the hole. its time to let the volunteers in and use the basic ideas of common sense. Every bird that dies creates further bacteria in the system. Not trying to dog BP but the management is inadequate and with no leadership its time to capitalize on a short. And no one will buy them now.
    I see a 28 price by two weeks if not sooner.
     
    #49     Jun 16, 2010
  10. $20B escrow. Long BP 31.30
     
    #50     Jun 16, 2010