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BP p.l.c. Message Board

  • k1ltnow k1ltnow Feb 27, 2013 2:59 PM Flag

    BP - just settle for gods sake - lets get this stock price moving.

    Absolute disgrace - up .05.

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    • settle? at gov't offer? are you crazy? settlement offer was nearly worse case condition. would only amount to legal savings. no way. if BP legal team becomes at all concerned, THEY will propose a settlement at approx 50% of gov't offer. as a shareholder, there is only upside to the trial. only HAL and RIG would want a quick settlement (other than Gov't). the longer the trial plays out, the better off BP is. all injurious news is public. second hand and third hand "expert" witness statements will be conjecture. BP has yet to take the offense. as noted in prior post, bad news already built into PPS. it is all upside from this point. stock price may jump as high as 10% - 15% upon announced settlement in a couple weeks from now. if BP allows trial to go to a decision, jump may be even higher. look at the P/E, latest earnings rept, even the yield up so high because PPS is under inflated. BP not letting gov't intimidate them and neither should shareholders. be cool.

33.96-0.30(-0.88%)Sep 23 4:01 PMEDT