The Stock Market Moose
31May/100

that oil spill thing

They probably could have gotten away with this a lot easier in a less popular ocean for sensational media coverage, say the Arctic or Indian. I'm not seeing them pull this of very smoothly. But who knows, they probably hedged against them selves in some really douchebaggy way. If I was going to make a play on BP (which I probably wont) it would be on mid-term volatility(1 to 5 years).

So... All that stuff about the benefits of the oil spill still stand (it's a great protagonist for environmental conservation, and oil Independence / alternative). However, the negative effects may be much larger than anyone anticipated a couple of weeks ago.

It's been like a month and a half now.

  • What if it goes on a year?
  • What are some of the most realistic approximations of that that would mean?
  • Would anything like this ever naturally occur, due to say an earthquake?

I'm not real sure about the last one, but I'm pretty sure the first two can be restated as:  What happens if the Atlantic Ocean stops working? A: Probably bad

I'm going to say: Value investing, and bow and arrow practice.

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