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DewDiligence

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DewDiligence

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Re: MinnieM post# 81

Monday, 06/07/2010 6:33:36 PM

Monday, June 07, 2010 6:33:36 PM

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APC could’ve been more forthcoming with its disclosures in the first few days after the accident, but I think this lawsuit has no merit whatsoever. The notion that insiders sold in March because they thought the Deepwater Horizon well was at-risk is crazy, IMO.

APC’s insiders have been big sellers for the simple reason that, until recently, the stock was overvalued.


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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