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Forum:
Politics
Category:
Other
Title:
Miscellaneous
Thread ID:
01468147
Message ID:
01468168
Views:
61
>>>>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.... ?

I very much doubt it. I also am not holding my breath that the oil hemmorage will be stopped anytime soon. BP isn't going to stop it until they are confident they will continue producing oil from the well.


>
>>>
>>>>Considering their profits, this oilspill is pocketchange: http://www.bp.com/extendedgenericarticle.do?categoryId=2012968&contentId=7061409
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Don't Tread on Me

Overthrow the federal government NOW!
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