Quote:
Originally Posted by justinsain
Even though this is a much bigger problem than EXON had with it's oil spill, couldn't you look at EXON's history and how it has rebounded from it's catastophe and apply that to BP when considering buying it's stock. Seems very possible BP will recover in the long term making a stock purchase at the lowest point a wise, long term investment.
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That makes sense on the surface, but this isn't a spill, and it dwarfed Exxon's spill a long time ago. I still have this feeling that, the time is right, the atmosphere is right, the evidence is overwhelming.... I believe the US Gov will ultimately be making a very big example of BP. Maybe not today.... but this has too much attention for people to just forget about it. Drastic changes to oil regulation are inevitable.