Tradefair & Financials
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Currently at 405.95
I have 2K spare, is it worth investing in these stocks?
Opinions?
I have 2K spare, is it worth investing in these stocks?
Opinions?
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Replies: 8
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yes.the business of BP is still there is'nt it?They have insurance don't they?
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They are self-insured.
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11500 garages in u.s.a. thinking of getting rid of b.pand rebranding.....could lose gulfdrilling altogether.
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Anyone viewing these as anything less than a gamble at the moment is an idiot. And if you want a punt, there are small oilies out there with a lot better potential upside.
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a lot depends on how quickly they pay people up and clean up etc.
if they do a good job the yanks will hate them less. even then i still think 5.00 will be the price by the end of the year barring another sabotage er i mean accident or the price of fuel crashing. |
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mosschops, are you looking at any particular?
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Might be a good time to get into Salamander after today's fall, but the fact that I was in before todays fall probably means you shouldn't follow what I do :)
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Cairn and Desire also have decent drilling schedules coming up as well. Its all a bit of a gamble with small/mid caps, but you tend to get pretty hefty upside. With BP there's probably 20% or so upside left in them I guess, and a lot of that is dependent on political factors which I try and stay away from. You can probably trade it well if you can catch the highs and lows, but I'm crap at that sort of stuff.
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