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Agree 100%. This spill is factored in from the $62 to $49 drop. So I am not sure why people think this is going to #30 because the Dome didn't work.? Huh?
Why do they think it will go down to $30? Because they only know how to talk. If I know for sure it will go down to $30, I would short it all the way. However, most talkers do not act at all. It was already discussed that this might take up to 3 month to fix. If the problem can be fixed within a week from now, unless the Europe situation pulls down the market further, BP will go up.