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Tuesday, June 15, 2010

BP Investors Watch and Wait for an Exit

Source: Link Article


BP is one of the most widely held stocks in the world, to judge from the volume of emails and comments I’ve been getting recently. That adds another big category of people adversely affected by the massive oil spill.

BP (BP: 31.40, +0.73, +2.38%) stock has been gyrating wildly. In three trading days over the last week, the stock has finished down 16%, up 12% and down 10%. Since the spill, shares have lost half their value.
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Source: smartmoney

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