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Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi:

 
 
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Old 07-19-2010, 10:23 AM   #1
JohnnyD
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Quote:
Originally Posted by Back Beach View Post
With the above in mind, do you buy the stock or maybe some call options to capitalize or is it simply unethical to do so?
I've been wrestling with buying BP. Not because of the ethics, but because of the volatility. When this well gets plugged for good, the stock will probably jump and you might be able to make a quick 4-6%. On the other hand, when news coverage shifts from killing the well to the billions of dollars in lawsuits that BP is facing, I can see a plummet in price.

Then there is always the speculation that BP gets purchased which would pay off big time.
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Old 07-19-2010, 12:48 PM   #2
Bronko
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Buy. Buy. Buy.

The charm of fishing is that it is the pursuit of what is elusive but attainable, a perpetual series of occasions for hope. ~John Buchan
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