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BP p.l.c. Message Board

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  • ryugo82 ryugo82 Dec 1, 2010 10:22 PM Flag

    BP +$0.30 XOM up $1.30 ???????

    They are lagging xom because their reputation is shot to death for a while. Unless you can hold out for 10 years then xom would have been better when it was at 55-58 dollars. XOM was way undervalued at that time anyway and was there for a while for people to scoop up. But now xom is no longer a bargain. It is only ok to hold for a while.

    BP will get their day 2-3 years from now if they can survive and clean up their reputation and litigation. Until then they will lag others for a while. I dont think the politicians want to award bp any contracts for a long while unless they get insanely bribed like they always do.

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