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Reply #14: It's A "Vote Of Confidence" [View All]

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KharmaTrain Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-25-10 09:59 AM
Response to Reply #9
14. It's A "Vote Of Confidence"
As long as this country remains addicted to oil, they will be drilling in the Gulf and other places and those workers will be busy as ever...just will be a different name on the paycheck.

The plunge is a vote of no confidence from the share and stockholders. While BP couldn't give a rat's ass about what you or I think, their execs sure do watch that price as if their jobs depend on it. The longer this disaster goes on, the bigger the costs and liabilities grow and its going to hurt the stock price which could bring about many big changes in this corrupt and inept company.
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