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Forum:
Politics
Category:
Other
Title:
Miscellaneous
Thread ID:
01468147
Message ID:
01468163
Views:
51
>>>http://finance.yahoo.com/echarts?s=BP+Interactive#chart1:symbol=bp;range=3m;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
>>>
>>>5 minutes after BP caps the well, their stock will go back up.
>>
>>I think everyone knows that. Problem is that *until* they cap the well the stock will continue to go down :-{
>
>And as the private lawsuits and class action suits and federal suits and international suits mount the stock may reverse course again.
>
>They aren't 'just' wrecking a chunk of the Alaskan coastline this time.

True. But when the oil stops then the damage, at least to a greater extent, is quantifiable. I would assume the current stock price already makes fairly pessimistic assumptions about clean-up costs, etc.... ?

>>
>>>Considering their profits, this oilspill is pocketchange: http://www.bp.com/extendedgenericarticle.do?categoryId=2012968&contentId=7061409
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