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BP p.l.c. Message Board

  • esuntexas esuntexas Jul 11, 2010 9:47 PM Flag

    What Liability

    Do you really think all those fisherman and Viatnamese shrimpers filed their tax returns last year? I know a lot of them in person, and I think not!!! To receive pay for "damanges" they need quantifiable baseline of income for prior years, which they cannot document at this point. So I say the liability is much smaller than anyone would expect. XOM knows this that is why the bid will be in 40+ per share. XOM needs to expand by acquisition to compete with the Chinese. July 35 Call is still a bargain at this point.

    BBY - Buda Bless Y

 
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