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Shark Attack

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Shark Attack

Re: None

Friday, 10/24/2014 1:22:51 PM

Friday, October 24, 2014 1:22:51 PM

Post# of 259
BP is a longterm Short IMO
http://www.bp.com/content/dam/bp/pdf/investors/BP_Annual_Report_and_Form_20F_Financial_Statements_2013.pdf

Profit for the year 23,758 Million (Page 122). 23,758
Deferred Tax Liability 17,439 (Page 124). (17,439)
Capital Expenditures 24,520 (Page 125) (24,520)
Sale of assets, non operating revenues 18,115
(Page 125)

REALITY STINKS-------- with asset sales (86) Million
Reality stinks with out asset sales--------------------- (18,201)

The Joke is
What they show is 30 million profit before taxes
(PG 125).


IS BP IN THE BUSINESS OF NOT PAYING TAXES AND SELLING ASSETS TO MAKE "PROFITS", not to mention they buy back shares to make their EPS look better?
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