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BP NYSE Stock Price Plunges 50% in less than 2 months. Down at 2PM EST more than 13%.
June 9, 2010
Rumors of BP's bankruptcy (Matt Simmons claiming BP has one month till they declare Chapter 11), as reported on ZeroHedge, obviously not helping leaking oil matters.



Watch the BP Feeds or live video on the hyper link. Read the full BP Share Price Plunge report here.


BP Stock on NYSE Takes Yet again a Beating- down 50%!

BP Plc stock is taking a beating on the NYSE. Down as much as 14% today, June 9, 2010 alone. Looks like market movers not buy the news from today, as Coast Guard claims that BP will have this oil leak down to almost nothing in July when they place a new cap on.

BP's stock is down 50% since it's recent high at $60 per share just before the terrible Deepwater Horizon disaster. Now at the $30 per share mark. Ouch.

What a stock chart:



Watch the Live BP Video Feeds of efforts to fully cap, contain and stop the crude oil leaking wellhead in the Gulf of Mexico here:

http://newsusa.myfeedportal.com/i/LIVE-BP-video-Feed-Oil-Leak-Gulf-of-Mexico



Rating: -1 (0 today) - Visits: 2339 (6 today)
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Comments on this item:

David
09-06-2010 20:14:54
BP's closing numbers. Not good:

Today's close--

$ 29.18

Change

-5.50 -15.85%
 
BP up 12%
10-06-2010 20:07:06
Up today big, but:

"BP's credit-default swaps ballooned on Thursday to junk level status"
http://www.marketwatch.com/story/bp-credit-default-swaps-widen-to-junk-territory-2010-06-10?dist=afterbell
 
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