Beyond the idea of buying into something as heinous as BP
here is your simple answer for NOT BUYING BP STOCK---
http://www.energyboom.com/policy/oil...culation-flies
June 9th, 2010
"Shares ended the day on the New York Stock Exchange at $29.20 which is down almost 50% from a share price of $59.48 on April 19th, one day before the disaster began to unfold in the Gulf of Mexico.
The sell-off began earlier today when longtime energy investment banker Mathew Simmons (and author of the must-read book, Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy) predicted in a Fortune Magazine article that,
"they [BP] have about a month before they declare Chapter 11. They're going to run out of cash from lawsuits, cleanup and other expenses."
So go ahead, play the game and burn your money!