| Re: information One of the talking heads on CNBC yesterday (-15% day) BP
Said that even though BP was spending 1B on clean up they still earned 5B this month. So there's plenty of Money for this and the -15% down wasnt justified. Today alot more analysts came on and said the similar type stuff. BP is of Value yesterday and today they all jumped on board. ExonValdez they said was only like a 500M judgement and it took like 12-15 yrs. Meanwhile BP will make somthing like 300B+ before they ever get through the court systems.
LTerm flyer or maybe some LEAPS
__________________ "Trading is a percentage business. Some trades will fail but it is absolutely vital that losses are kept to a minimum." --Mr. Charts |