General Stock Ideas

[vilhiem]

BP plc (ADR) (Public, NYSE:BP) trading at 14 Year Low !!!

No doubt these guys have some liability issues ... but BP has not seen $33 since 1996 ... yes 1996 !!!

They earn about $600M/day ... and currently spending about 1% of that (per day) on cleanup. Sure, they will be forced to pay, but I am staking out an Option position for this to be the bottom.

(Check out our message forum too [see signature below] ... some great options players to discuss ideas with)