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06-16-2010, 11:53 AM
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#1 |
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There can be only one
Industry Role:
Join Date: Aug 2001
Location: Somewhere else
Posts: 39,075
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Breaking: No More BP Dividends This Year
It's so fresh there isn't even a link I can post yet, but it's on the front page of CNN.
"Chairman Carl-Henric Svanberg the board of BP has decided not to pay any further dividends this year. " So all those who thought they were gonna cash in on BP's tanking stock this year.... sorry.
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SIG TOO BIG |
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06-16-2010, 11:55 AM
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#2 |
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I help you SUCCEED
Industry Role:
Join Date: Nov 2003
Location: The Pearl of the Orient Seas
Posts: 32,195
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Massive blow to UK pensioners
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06-16-2010, 11:57 AM
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#3 | |
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Confirmed User
Join Date: Apr 2002
Location: Minneapolis
Posts: 2,739
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Quote:
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Adult is dead.... Want to push a mainstream product that works? Hit me up at adam @ Natures86 dot com |
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06-16-2010, 12:58 PM
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#4 |
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Confirmed User
Join Date: Jun 2006
Posts: 292
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Huge short term blow and massive loss. Long term this will be a gold mine.
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06-16-2010, 01:01 PM
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#6 | |
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So Fucking Banned
Industry Role:
Join Date: Apr 2006
Posts: 1,368
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Quote:
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06-16-2010, 01:08 PM
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#7 |
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<&(©¿©)&>
Industry Role:
Join Date: Jul 2002
Location: Chicago
Posts: 47,882
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$31.85 +0.45 (1.43%)
up nearly 10% since the 52 week low of 29 few days ago, I wouldn't exactly call that a sinking ship just yet... it's going back to 50 by year end... one thing all you guys are missing is that the more pressure is put on BP, the higher the price of oil will go, and so the higher the BPs profit will be...
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Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager  Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager |
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06-16-2010, 01:10 PM
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#8 | |
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Confirmed User
Industry Role:
Join Date: Jun 2006
Location: Over there.
Posts: 817
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Quote:
If you think BP is going to really lose over this deal you are nuts. This will be a hard year until they get their claims paid and then its back to making BILLIONS per quarter. Long term this will be an excellent investment.
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06-16-2010, 01:12 PM
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#9 |
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Confirmed User
Join Date: Jun 2008
Location: Costa Rica
Posts: 118
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If you can - watch BBC news - they are so bias in favour of BP - a couple of analyst that I saw where jumping on Obama and the US for being blood thirsty for $$ and how they should back off BP.
Another one was saying how the BP stuff will effect her own pension profits.. short sided bitch - she should be a fisher in the golf  |
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06-16-2010, 01:30 PM
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#10 |
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Confirmed User
Join Date: Dec 2001
Location: SoCal
Posts: 1,651
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Cutting the dividend gives them an additional $10 billion a year. At $30 a share, who cares about the dividend? This stock will be $60+ in a year. 100% return vs. 10% dividend?
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