I've been long with BP until this A.M. The delay in testing the well is not good for the stock price, which has forced me to take a short potition. There does not appears to be a lot of confidence in the test.
As BP stated, the new cap to stop the flow was not the only way to fix oil leaking, but the relief wells is the way to permanents stop oil leaking. I have my confidence to believe the relief wells will finally work.