Seem very cheap at the moment. Bought at Ā£4.06 todayā¦ā¦
Continued to buy all day, once they had dropped below Ā£4.
I bought in at 4.02, since I was in a good bit of red from my previous buy in.
I thought why not lower the avg
I think thatās a good call, I did the same, averaging at Ā£4.02 at the moment.
My average is 4.41 lol
Itās a tough one to call. Should be a no-brainer buy, but I think that the market is factoring in a hammering at the next budget. The only way to deflect from taking away the WFA is for the government to make a statement about energy profits, i.e. an even more painful windfall tax.
That said, BP is now at bid territory because an offer of SP plus 25% premium would still be a steal.
Itās a stock that I trade in and out of cyclically, but Iām in at this price aiming for a 10% return by Christmas.
Thanks for the input. I didnāt know if I wanted to buy in today to be honest as itās been in the red for a good while for me.
I kept seeing good news though of them buying up this and that or doing joint ventures and getting into renewable.
Then I see news and other leaks and people saying the moneys dried up for building windmills etc and the costs are nuts for parts currently.
So I was a little like eeeee and wasnāt iit BP that just recently said oil is at its peak right now.
I hadnāt realised the SP had sunk below Ā£4 untill I caught up on this thread.
I hovered over the buy button for a while until we got to 16.30, something stopped me.
Iāll check again tomorrow and hopefully thereāll be a little downward movement in the price early on.
I sold off my late fatherās 155 shares in April when the SP hit Ā£5.11 and Iāve been waiting to buy back into my ISA ever since. His 155 now becomes 197, Iāll not hesitate if we hit Ā£3.96 - 200 shares
Yes I should of really just bought when others did below 4 that day but I didnāt even think I was buying but then like you at the last second of the day seen it was just on 4.02 and went ahhhhh sponge it lol
Anyone had their BP. Dividend yet?
Lol this is Freetrade, dont expect it before 27th. They have to cash the cheque and carry all the loose change from the bank. Or some such feeble excuse.
Ah right enough. Canāt complain too much with a free service. But glad Iām not the only one
Waiting on Glencore from Friday too and Shell today.
Iām not holding my breath
Shell has landed
I got my 6 pence from glencoe just abit ago, the hard part is where to reinvest this
Got bp yesterday
Fair does, Bp and then Shell, received in record time. Freetrade getting act together. Brill.
Bought more at Ā£4.02 todayā¦ā¦
Onwards and upwardsā¦ā¦
Does anyone know whatās going on with BP?
Think im chasing this one to the bottomā¦ā¦
Bought at Ā£3.83 to average down. Im now at Ā£4 all inā¦ā¦
Down 27% in one yearā¦.