Dividend investing for retirement Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dividend investing for retirement

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mannie who wrote (15547)	5/1/2013 3:35:36 PM
From: Jacob Snyder	Read Replies (2) of 34328

re BP: I've traded it since the Gulf spill; it's difficult for me to consider a company this poorly managed as an investment. RDSB and XOM are much better managed, if you want Big Oil. However, if BP's stock price gets low enough, I'll re-consider (they do have hard assets worth a lot, no matter what management does). As you can see from the chart, the 5-year moving average (gold line) has been a line it can't get back above, ever since the spill. While other big cap dividend payers hit all-time highs, BP goes sideways to down. I wouldn't buy it here; wait till BP revisits the 2012 or 2011 lows. Yes, it will.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next