BP plc - Uncomfortable in my holding

[Kerim]

(04-13-2015, 08:47 AM)rapidacid Wrote:

(04-13-2015, 04:35 AM)Lewys120 Wrote: BP is up 16% since I bought it and I'm finding it hard to justify it's current price.

So you wanted it to not appreciate in value? How does a 16% price movement change your opinion on any position? 22% of the stock price is cash. They have $30B in cash and pay ~$6B in dividends every year. What are you concerned about?

This!