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Shares of BP (BP) Continue To Fall
Saturday, June 26, 2010 - 4:28pm | 151Shares of BP (BP) closed the week down again dropping to $26.85. This marks two straight months that BP’s shares have decreased. BP has lost over $100 billion dollars in value over the last 2 months. The oil giant’s market cap is down to 84 billion dollars. The only costs that are known for sure...
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Critical Time for BP Stock is Tomorrow and Monday.
Thursday, June 3, 2010 - 4:51pm | 169Two critical trading days have arrived for BP (NYSE: BP). After next Monday's market close I think BP will be trading significantly higher or lower versus current levels of around $39/share. Over the next couple of days BP will attempt another tactic to stop the leaking gulf oil well. If this...
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More Bad News For BP: Oil Cleanup Workers Getting Sick (BP)
Thursday, June 3, 2010 - 11:12am | 359In what will soon become another huge issue for BP (NYSE: BP) and the ongoing oil spill fiasco, a fisherman's wife from Louisiana broke her silence today and claimed that her husband is one of many contracted oil cleanup workers who are allegedly getting sick from their work on the Gulf. Kindra...
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British Petroleum Might Be a Good Buy (NYSE: BP)
Tuesday, June 1, 2010 - 8:49am | 120British Petroleum (NYSE: BP) is currently down 14% at $37 in the pre-market. BP's stock has been hit heavily due to the recent oil spill. However, I think investors might be over-reacting. A quick look at BP shows the following. The stock is at 52 week low. BP traded as high as $62 per share only...
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BP, A Buy, Sell, or Hold at $45?
Thursday, May 27, 2010 - 5:23pm | 231With BP (NYSE: BP) trading right around $45/share in after hours trading this afternoon, many are wondering if there is a short term trade here or a long term investment opportunity. In the longer term, there is probably a solid investment here. From recent highs BP has now lost 25% of its market...