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BP Spill final chapter? Sort of - Printable Version +- The Purge (https://thepurge.net) +-- Forum: Public (https://thepurge.net/forumdisplay.php?fid=5) +--- Forum: Off Topic (https://thepurge.net/forumdisplay.php?fid=17) +---- Forum: Stocks, Real Estate & Investing (https://thepurge.net/forumdisplay.php?fid=31) +---- Thread: BP Spill final chapter? Sort of (/showthread.php?tid=12200) |
BP Spill final chapter? Sort of - Vanraw - 11-28-2012 <!-- m --><a class="postlink" href="http://www.reuters.com/article/2012/11/28/us-bp-contracts-idUSBRE8AR0M120121128">http://www.reuters.com/article/2012/11/ ... M120121128</a><!-- m --> Criminal misconduct over 4 billion in fines and no longer able to bid on federal contracts until they show "business integrity" which I think is code for "settle the civil suits". Hovering around $41 but paying 5.24% yield. It took a dip this morning but quickly returned to its previous open. You have to wonder if this is a good Long buy at this point, or at least on market dips with the coming volatility. |