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BP p.l.c. Message Board

  • merc3501991 merc3501991 May 12, 2010 5:17 PM Flag

    To the shorts and longs of BP

    When the Valdez hit bottom in Alaska while the Captain was sleeping off his hangover, this spill was truly a very and costly liability on Exxons part. A month after the spill I bought many shares of Exxon. OK it was a gamble but I'm a long term holder and believed that after the blood in the streets is cleaned up Exxon will be a better company. I won big time, and expect that BP will be diligent in the clean up unlike the other companies involved putting their heads in the sand and avoiding all responsibility. The investigation will take some time. But in the end BP will, like Exxon, recover. And that is even if they are at fault. Which I think they are not. IMHO

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