i am long with BP and BP represents a sizable portion of my portfolio. i am betting on a simple negligence verdict come trial conclusion. in the meantime i collect a 5% yield and feel PPS is somewhat protected by the buyback. nonetheless, i fret about where the price would be if not for that buyback. however, the buyback lasts beyond next fall which is decision time for me. i also hold a sizable COP investment and believe i will have to make a decision on oil stocks period. liquified natrl gas getting all the raves lately and i am riding that from producers to pipeline transporters. BP is a hold for me. dividend keeping me there.