This blog provides analysis, advice, trade ideas and other happenings. I frequently publish research at major investing websites. The most featured sectors on this website will depend on what is currently trending and hot in the market.
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Friday, May 14, 2010
BP Oil spill
BP....i see it dropping in concert with cleanup costs, then leveling at a low of 30 at worst. Keep in mind the stock pays high dividends, and as of today, will require 4 days of profits to cover cleanup costs. Buy at 37, 35, double down 30.
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