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  • indian8788 indian8788 May 30, 2010 12:22 AM Flag

    35.50 is where this goes short term

    agreed. There is now no reason for anybody to gamble with this stock over $35 after top kill has failed. That was pretty much the last real hope of completely stopping the flow of oil. Now the other plans are just trying to limit the flow and not completely contain it. BP has resigned to its fate and the public will unload. Dividend will have to be cut without a doublt. This will now flow till August. $35 will be hit on Tuesday,

 
BP
34.40+0.41(+1.21%)Jul 29 4:01 PMEDT