tag:blogger.com,1999:blog-29297569.post5106340671748758932..comments2024-03-26T23:33:33.839-04:00Comments on Notable Calls: British Petroleum PLC (NYSE:BP): The Hardest Trade?notablecallshttp://www.blogger.com/profile/11353264365980606102noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-29297569.post-41632270432016598582010-05-19T12:14:45.010-04:002010-05-19T12:14:45.010-04:00Stock Picker, I think what will ultimately happen ...Stock Picker, I think what will ultimately happen is that the smaller players will get pushed out of the game. Majors like BP that can pay their bills if shit hits the fan will be preferred.notablecallshttps://www.blogger.com/profile/11353264365980606102noreply@blogger.comtag:blogger.com,1999:blog-29297569.post-35721747159164569282010-05-19T11:00:03.941-04:002010-05-19T11:00:03.941-04:00BP has been "dumped" for 20 trading ...BP has been "dumped" for 20 trading days on this oil rig implosion and oil well leak. to dump it today on the 21nd down day is a bit late. At this point Merril Lynch-BoA has got it right. my longer term concern is that this leak may impact oil field developement activity in the GUlf for years to come, in that case, eps will indeed be crimped beyond the clean up cost of 2010.Unknownhttps://www.blogger.com/profile/12960484954321992693noreply@blogger.comtag:blogger.com,1999:blog-29297569.post-67999147299200128952010-05-19T07:06:35.388-04:002010-05-19T07:06:35.388-04:00Well yeah, that's the consensus view atm.Well yeah, that's the consensus view atm.notablecallshttps://www.blogger.com/profile/11353264365980606102noreply@blogger.comtag:blogger.com,1999:blog-29297569.post-86503967186918672752010-05-19T06:37:13.388-04:002010-05-19T06:37:13.388-04:00The ever growing costs and the CEO who is in pure ...The ever growing costs and the CEO who is in pure dinial will trash this stock.<br /><br />How can you solve a problem when you don't realise there is a problem?<br /><br />How do you fix something if you're not interested in assessing the problem first? <br /><br />How can you plug a hole if you don't know how big it is?<br /><br />The div. is just a matter of time before it's sacrifiesd because of this incomptent CEO.<br /><br />BP still has to go through the fase where it can grasp the situation and come up with a plan that solves it. Now it's still a bit of everything, hopping that all the bits magically join into a solution.<br /><br />It would say SELL, but rather DUMP this stock.Sudden Debthttps://www.blogger.com/profile/17414800778762565058noreply@blogger.com