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An Excellent Collection of ST's Posts.
"BP executives performed strongly in a difficult environment in 2015, managing the things they could control and for which they were accountable," a BP spokesman said, adding that "safety and operational risk performance was excellent and BP responded quickly and decisively to the drop in oil price."
BP's shareholders will vote on the matter this year at the company's annual general meeting in London on April 16, along with a host of other issues. Glass Lewis has also raised concerns about the company's proposal to reduce its notice period for calling a general meeting, but supports most of the proposals, including the re-election of Mr. Dudley and his board.
Could be a good spot to try and play a bounce off the MA's... Not a ton of short-term upside, but a relatively safe bounce IMO.
Bounced perfectly off the 200MA (where it opened) today. I had a buy limit order set for $31.28, which filled at $30.78 at open. If anyone put their order in sometime before open today, you should be sitting on nearly 2% profit off the bounce.
