BP Plc, the worst oil investment this year on Wall Street, is finding its backers in the City of London.

Investors piled more money behind “buy” trades than “sell” ones in London since the April 20 rig explosion, according to so-called money flow data compiled by Bloomberg, even as the stock slumped to a 13-year low. By contrast, BP’s American depositary receipts have recorded a net $185 million outflow in New York, the data show.

As the worst oil spill in U.S. history spurs attacks from President Barack Obama and soils Florida’s beaches and the Louisiana marshlands, London investors are backing BP’s embattled chief executive officer, Tony Hayward. After a five- year string of accidents and deadly disasters at BP facilities, U.S. Representative Bart Stupak suggested last week its safety record could justify pulling the company’s operating permits in the U.S.

“There’s a feeling in the U.K. that BP has been singled out unfairly and that there’s long-term value in the stock,” said Iain Armstrong, an analyst at Brewin Dolphin Ltd., which oversees more than $31 billion in London and increased its BP holdings in May. “In the U.S., it’s a very emotive issue, and politicians are making it much more personal and vindictive. If you’re a U.S. fund manager and BP doesn’t manage to stop the leak, you’ve got a lot to answer for.”

Hayward drew criticism again this weekend after attending a yacht race off the south coast of England, watching sailboats on the Solent at a time when fishing in the Gulf of Mexico is curtailed because of BP’s spill.

‘“When people turn on the news they see this gusher pouring out,” said Ronald Sorenson, CEO of W.H. Reaves & Co. in Jersey City, New Jersey, which manages $1.6 billion in assets, including BP shares. “That puts a lot of pressure on advisers. Individual investors take this very personally.” Sorenson said he’s sold shares for individual investors since the spill began.
Biggest Loss

The London-listed stock is down 47 percent since the explosion on the Deepwater Horizon rig that killed 11 workers and started the leak on the seabed. The shares fell to a 13-year low of 342 pence on June 15, wiping about 60 billion pounds ($89 billion) off the company’s value. The ADR is down 45 percent this year, more than any other company in the 11-member CBOE Oil Index.
BP fell 2.2 percent in London today to 349.5 pence.

Money flow attempts to measure the capital moving in and out of a security by adding the value of higher, or uptick, trades and subtracting the value of downticks. As prices fall, money flows are usually negative, turning positive as prices rise. A divergence between money flow and price may signal a change in the trend.

“People in the U.K. are buying the stock, taking advantage of the discount” since the stock plunged, said Cleve Rueckert, an equity analyst at Birinyi’s firm. “But when a stock starts to slide like this, it’s hard to say when it will turn around.”

EE. UU. ES EL PAÍS MÁS ATRACTIVO PARA LOS INVERSIONISTAS

Estados Unidos hizo retroceder a China y Brasil como el mercado más atractivo para las inversiones, según los datos del sondeo implementado por la agencia Bloomberg.
Cada cuatro de diez encuestados ha elegido a EE. UU. como "el mercado que presenta las mejores oportunidades en el año que viene". El sondeo indica que Estados Unidos lidera las preferencias con un 39%, en tanto que un 29% opina que Brasil es el mejor lugar para las inversiones.
En el tercer y cuarto lugar están China (28%) y la India (27%). De los encuestados, 6% dio su preferencia a Rusia en términos de atractivo en inversiones.
El sondeo que fue implementado en enero pasado, mostró que la escala sobre atractividad inversionista la presiden China y Brasil.
Pero 42% de los inversionistas opinan que el estado de la economía global se deteriora. Un 58% de los norteamericanos considera que la situación está agravándose. La deuda crediticia debilitó las posiciones de la Unión Europea destacando que la zona euro ofrece las peores oportunidades en términos de inversiones.
Los negociantes en todos los continentes consideran que China tiene buenas perspectivas a largo plazo, señalando que en el transcurso de los próximos 20 años el gigante asiático sustituirá a EE. UU. como la economía más poderosa del mundo. Cada cuatro cree que esto ocurrirá antes de ese lapso.
Al mismo tiempo, el presidente venezolano, Hugo Chávez, dijo que no le recomienda "a nadie invertir nada" en Estados Unidos, porque a su juicio ese país está "quebrado" económicamente.
"La deuda crediticia del mercado en Estados Unidos llegó a 370% del PIB ese país está quebrado, no le recomiendo a nadie invertir nada en ese país, ?Estados Unidos!", afirmó Chávez en un acto oficial transmitido en cadena nacional de radio y televisión.
A su juicio, Estados Unidos llegó a esa supuesta situación de "quiebra" porque los gobiernos del actual presidente de ese país, Barak Obama, y el de su predecesor, George W. Bush, "protegen a los ricos" frente a crisis, como la financiera que estalló en 2009.

¿Cuál es su opinión? Coinciden con el presidente Chavez, o bien con Obama o quizás tengan otra opinión. Fundamenten y Justifiquen....

Goldman Deserves Regulatory Probe in Bloomberg Subscriber Poll

June 8 (Bloomberg) -- Goldman Sachs Group Inc. is being “legitimately scrutinized” by regulators who sued the firm for fraud based on conduct that many in the industry consider to be common practice, according to a Bloomberg survey.
The most profitable securities firm in Wall Street history has suffered the worst reputational decline among its largest competitors, according to the global quarterly poll of 1,001 investors and analysts who are Bloomberg subscribers. Eighty- three percent of respondents said Goldman Sachs’s stature diminished in the past six months; the next closest were UBS AG, with 27 percent, and Citigroup Inc., at 26 percent.
“This disaster didn’t occur by mistake,” said respondent Dane Fulmer, who has traded fixed-income financial instruments for 39 years and runs Dane Fulmer Investments in Fort Smith, Arkansas. “If it was an honest mistake, then it far, far surpasses what the law would consider negligent.”
Goldman Sachs was sued April 16 by the Securities and Exchange Commission, which said the New York-based company failed to inform investors about the role hedge fund Paulson & Co. played in both helping to select contracts underlying a mortgage-linked investment and betting against it. Goldman Sachs has said it did nothing wrong and is fighting the case.

What means those losses?
Asked for their opinion of the SEC fraud suit, 61 percent of respondents replied that the firm “is being legitimately scrutinized,” while 29 percent answered that the company “is being unfairly vilified.” The remainder were undecided.