A BP FUN FACT - For those wondering...

superj72

Nearly 40% of BP is actually owned by US-based interests. If you REALLY want to punish BP, hammer the institutions and individuals that still own BP stock.

Beneficial owners as at 31 December 2009
Percentage of shares in issue

Range of holdings Institutions Individuals Total
By principal area
UK 33 7 40
US 25 14 39
Rest of Europe 10 - 10
Rest of World 7 - 7
Misc 4 - 4

These numbers are from BP's website. Should prove interesting to see what change, if any, has occurred here. Keep in mind tho - as BP shares get pummeled on the market, it's just the next big buying opportunity on a long term play for institutions and individuals with obscenely deep pockets. A wise man once said, "buying stocks on the day of the crash... it's evolution baby".

chadwick

superj72 wrote:

Nearly 40% of BP is actually owned by US-based interests. If you REALLY want to punish BP, hammer the institutions and individuals that still own BP stock.

Beneficial owners as at 31 December 2009
Percentage of shares in issue

Range of holdings Institutions Individuals Total
By principal area
UK 33 7 40
US 25 14 39
Rest of Europe 10 - 10
Rest of World 7 - 7
Misc 4 - 4

These numbers are from BP's website. Should prove interesting to see what change, if any, has occurred here. Keep in mind tho - as BP shares get pummeled on the market, it's just the next big buying opportunity on a long term play for institutions and individuals with obscenely deep pockets. A wise man once said, "buying stocks on the day of the crash... it's evolution baby".

wise man.