Until someone tells me they sat down with lawyers and read through the contracts involving the work done at the spill site, and until people can tell me they have first hand knowledge of current issues, I really do not even remotely care about what your opinion is of management based on what you "heard" or "perceive".
Management is going to survive and continue to make billions. Anyone who sells profits should have their head examined. Go try to make a living selling low P/E's and tell me how that works out for ya.
BP is undervalued, making billions, but we should sell because you think they didn't do well with issues, but you have no idea what is going on? I don't claim to know any more than you, we both don't know anything. That's why they call it insider info.
Sell because they would appear to be cursed and their karmic bill is coming due.
Like the United States of America, BP seems to get the leadership they deserve. The Universe is just following the divine law of causes that have already been set in motion and must be played out. Every jot and tittle will by no means pass from the law until all is fulfilled.
Ive never been real big on karma. Right now, there is a little girl in Ethiopia named Bizunesh. She is 3 yrs old, but she weighs less than 10 lbs. Matter of fact, she weighs less now than I did the day I was born. She is so undernourished, she can't even speak.
I guess maybe she just really screwed everyone over and is getting what she deserves.