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BP shares sink, could face bankruptcy

BP shares took a sharp dip today by average of 16%, falling to 14 year low, as company faces more financial penalties in connection with Mexican Gulf oil spill.

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Would you like to see BP going Down the Toilette ??
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Results:
Yes
(39) 57.35%
No
(24) 35.29%
I don't know ... ??
(5) 7.35%
 
Total Votes 68
Expiration Date 6/13/2010

Added: Jun-10-2010 Occurred On: Jun-10-2010
By: wrano
In: News, Arts and Entertainment
Tags: BP, Shares, Bankruptcy, Oil Spill, Mexican Gulf, US, Enviroment, Big Oil, Fat Cats
Marked as: approved
Views: 6913 | Comments: 22 | Votes: 0 | Favorites: 1 | Shared: 0 | Updates: 0 | Times used in channels: 1
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  • Almost time to buy

    Posted Jun-10-2010 By 
    haloman5 (95.20)
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    (1)

  • All of these moron liberals want the company to go bankrupt and support boycotts of BP. If they go under as they wish, who is going to pay for their cleanup bills and lawsuits?

    Posted Jun-10-2010 By 
    cat-scratch-fever (521.84)
    cat-scratch-fever
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    • you think they are going to pay it anyway?? without years of litigation???

      Yes its good to see the fukers at BP and all their stock holders shitting their pants after they have destroyed the Gulf

      Posted Jun-10-2010 By 
      syro666 (41.36)

      (1)

    • You made my point. Even if it takes litigation, there is a source to make the payments. If BP goes out of business or bankrupt those claims will all go unpaid.

      BP didn't do this on purpose. It was an accident. Were they negligent, probably. Either way they are responsible for the losses. If you really care about the people, economy of the area and the environment you should hope that BP thrives and makes money so that they can make right on the damages they have caused.

      Posted Jun-10-2010 By 
      cat-scratch-fever (521.84)
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  • Get rid of BP and give good USA companies a chance to clean up (financially only). Lets gloss over the fact that the oils spill was caused by an American company.

    Posted Jun-10-2010 By 
    b0ldfart (228.74)  

    (1)

  • The mantra has always be the corporations priority is only to it's share holders, then the share holders should go down with the ship. Share holders are just as responsible, ethics before profits. Money for nothing and the chicks are free.

    Posted Jun-10-2010 By 
    whatduh (448.56)  

    (1)

  • Heard their stock was going up this morning.

    Posted Jun-10-2010 By 
    boomersooner (2097.94)  

    (0)

  • All of obama's and his idiot friends must be orgasmic in pleasure knowing that now government is running basically everything, Finally, they figured out a way to stop domestic drilling.......

    Posted Jun-10-2010 By 
    zarpheous (322.32)  

    (0)

  • The company made 6 billion dollars in profits in 4 months, I think they can afford it.

    Posted Jun-10-2010 By 
    Roach1983 (1254.26)

    (0)

  • Im surprised not to hear lots lots and lots of conspiracy theories about BP being sunk by competitors.

    Posted Jun-10-2010 By 
    Tyrfingr (540.46)  

    (0)

  • There should not be any liability caps.

    Posted Jun-10-2010 By 
    Plox (678.02)  

    (0)

  • OMG if BP goes under how will I run my school bus monster truck!!!

    Posted Jun-10-2010 By 
    Loomfries (228.66)  

    (0)

  • BP is to big to jail. What about all the fisherman and hotel industry and tourist industry people who will be ruined by this? BP is a victim my ass.

    Posted Jun-10-2010 By 
    buttkracken (682.18)

    (0)

  • I would like to see the board of directors face the toilet and go down in bankruptcy.
    The company itself should survive.

    Posted Jun-10-2010 By 
    db1709 (112.90)

    (0)

  • The amount of rhetoric that's being aimed at BP is unbelievable, are there mid term elections polls coming up?

    Anyone remember that good 'ole U.S company Union Carbide that let a little toxic leak kill over 4000 people? I don't remember you screaming and shouting so much when that happened.

    I hope and pray that the prices at the U.S gas pumps don't go up... keep burning oil like there's no tomorrow!

    Posted Jun-10-2010 By 
    vanguard10016 (19.90)

    (0)

  • BP is too big to fail. Obama needs to start cranking out the dollar bills again!

    Either that or BP will go bankrupt, the feds will have to pick up the tab for the clean up and a new corporation called BeePee will come along and resume operations. Kind of like the two GMC's out there. One that went bankrupt and took all the debt with it and the new GM that has lots of government money.

    Posted Jun-10-2010 By 
    Captain Canuck (1472.72)  

    (-1)

  • Leftists love seeing good companies being destroyed just as much as they love seeing terrorists kill American troops. I don't know why one would need much more confirmation to assert that liberalism is a disease; and one of the worst problems in our society.

    BP isn't going bankrupt. The company pulled in an annual operating cash flow of $30 billion last year (remember oil prices were much lower then). They aren't going to be paying more than $20-30 billion on this spill either. The market has e More..

    Posted Jun-10-2010 By 
    MarkusMarone (794.44)  

    (-4)

    • Good Companies??? Man you are the most stupid right wing Glenn Beck Bag Licker on here. Not only do you have a retarded avatar that really does not make any sense what so ever.

      Its funny to see how you believe the corporate propaganda till the end. But you don't do it in a logical sense its more of a automatic stance, You'll automatically go against anyone you have deemed as a "dumb liberal" no matter how illogical your view. Then when confronted with facts that you cannot dispute yo More..

      Posted Jun-10-2010 By 
      syro666 (41.36)

      (1)

    • A company that churns out billions in free cash flow a year, employs nearly 100,000 people, and has an ROE of more than 20% = a good company. Please tell me how BP and all the other oil majors are "bad companies".

      Stupid liberals should stick to the kiddie websites... subject matter like this is just to tough for them to understand.

      Posted Jun-10-2010 By 
      MarkusMarone (794.44)  

      (0)

    • Well first off all did you know that the oil rig is not actually owned by BP but leased to them. The owners are a company called Transocean. How many of the oil rigs operating in the gulf are under the current deal?? Please I would like exact number of people employed by BP in the gulf area. I would bet most of them aren't American

      What about the hundreds of thousands of people now effected forever because their business as fishermen is now gone for the foreseeable future?? But that does not di More..

      Posted Jun-12-2010 By 
      syro666 (41.36)

      (0)