>>>>>>>>>>>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.
>>>>>>
>>>>>>I think you've expressed that view before but it's not one I subscribe to....
>>>>>>>>>>>Considering their profits, this oilspill is pocketchange: http://www.bp.com/extendedgenericarticle.do?categoryId=2012968&contentId=7061409
>>>>>
>>>>>This view seems to be one expressed by other USA nationals on here. Makes me wonder what their press is saying about this spill.
>>>>
>>>>This one flummoxed me this morning :
>>>>"US interior secretary Ken Salazar said that BP should compensate other oil companies that have had to lay off workers because of a moratorium on deep sea drilling announced by President Obama in response to the Gulf of Mexico spill. "
>>>>
>>>>I've certainly no banner to wave for BP but the logic behind that statement escapes me entirely........
>>>
>>>I believe a senior BP executive may have shot Kennedy.
>>:-}
>>
>>Another thing no-one seems to mention is that U.S. shareholders hold as much equity in BP as UK investors....
>
>I wonder what the comparison is in terms of a percentage of total shareholdings in each country. Big though it is I don't think BP is that significant in the US.
>
>It would be ironic if BPs US interests where bought out by China (I don't see it happening though). Each oil rig in the Gulf could fly a red flag.

There were some serious discussions on some shows on the ramifications if BP comes close to going under due to the costs involved in the oil spill - the biggest concern was a buyout by China.