BP a buy??

[Vanraw]

More tidbits on BP. Note I have not bought this yet, but I think I will be soon.

Take a look at the largest institutional owners of BP and the levels they are invested. Some interesting names there, of institutions that have made a boat load of money in the market.
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WELLINGTON MANAGEMENT COMPANY, LLP
$1,988,411,595
BARROW, HANLEY MEWHINNEY & STRAUSS, INC.
$953,107,636
BANK OF AMERICA CORPORATION
$793,583,974
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO
$744,880,379
PRICE (T.ROWE) ASSOCIATES INC
$710,072,872
MORGAN STANLEY
$640,602,303
FMR LLC
$448,284,051
Tradewinds Global Investors, LLC
$424,386,673
GATES (BILL & MELINDA) FOUNDATION
$407,080,310
WELLS FARGO & COMPANY
$384,053,535

Then look at the October Option calls. Looks at the open interest at 40, 50 and 60 dollars. This is a very large interest / bet that this is going to move.
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