Breaking: No More BP Dividends This Year

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  • Amputate Your Head
    There can be only one
    • Aug 2001
    • 39075
    #1

    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.
    SIG TOO BIG
    Tags: None
    • $5 submissions
      I help you SUCCEED
      • Nov 2003
      • 32195
      #2
      Massive blow to UK pensioners

        Comment

        • atom
          Confirmed User
          • Apr 2002
          • 2740
          #3
          Originally posted by $5 submissions
          Massive blow to UK pensioners
          Absolutely HUGE!
          Have Chargebacks? Send me a message.

          ChargebackHelp.com

            Comment

            • Black Ops
              Confirmed User
              • Jun 2006
              • 292
              #4
              Huge short term blow and massive loss. Long term this will be a gold mine.

                Comment

                • Amputate Your Head
                  There can be only one
                  • Aug 2001
                  • 39075
                  #5
                  Okay, here's the LINK that goes with it now.
                  SIG TOO BIG

                    Comment

                    • BigDeanEvans
                      So Fucking Banned
                      • Apr 2006
                      • 1368
                      #6
                      Originally posted by Amputate Your Head
                      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.
                      Yeah, who was the fool that was preaching to buy BP? Tons of other companies out there to buy besides that sinking ship. Better off going to the casino

                        Comment

                        • woj
                          <&(©¿©)&>
                          • Jul 2002
                          • 47882
                          #7
                          $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...
                          Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000
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                            Comment

                            • crazytrini85
                              Confirmed User
                              • Jun 2006
                              • 817
                              #8
                              Originally posted by BigDeanEvans
                              Yeah, who was the fool that was preaching to buy BP? Tons of other companies out there to buy besides that sinking ship. Better off going to the casino
                              That is short term thinking.

                              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.

                                Comment

                                • DimeCash
                                  Confirmed User
                                  • Jun 2008
                                  • 118
                                  #9
                                  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

                                  [email protected]

                                    Comment

                                    • Houdini
                                      Confirmed User
                                      • Dec 2001
                                      • 1651
                                      #10
                                      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?

                                        Comment

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