On a related note, BP’s current share price of 42.95 might mean it’s almost time to pickup some of the company on the cheap.
The company has had a five year low of 35.15/share- it’ll be interesting to see how it opens on Tuesday given the failure of the Top Kill solution– I’d say depending on the feasibility of the next idea, if it gets into the low 30’s, it’s probably a good buy.
With the extra money, you can throw a really nice funeral for that part of you that dies.
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While it would be nice to see BP get what they deserve I doubt anything of great significance is going to.