I just thought i’d post this wee bit of news.( As foretold on the blog BP has now dropped below 300p. Of course i’m not claiming any credit for being proved correct rather i’m pointing out that the previous posts re’ BP on this blog have proven to be correct.)
News from the city.
Expect further falls in this share price as news from the Gulf spill continues to be negative. 250p 260p 270p 280p all represent different price opinions depending on who you speak too.
My opinion is that 270p/280p could very well be the beginning of a plateau for this company. Any thing under 245p is an absolute mid-term buy.