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Those who are buying it right now are going to make a fortune as well.
by Unseelie 16y ago
Those who are buying it right now are going to make a fortune as well.
- georgecmu 16y agoI hope so, although the latest news about BP's liability and Obama's proposed compensation fund are likely to drive the price down further.
- Unseelie 16y agoI'm buying into Scott Adam's declaration (which I would like to claim I came up with on my own before I was exposed to, but cannot clearly remember...) that they'll bounce back. Exxon did rather well, even while being fined a year's worth of its profits.
- patio11 16y agoI'm really tempted to buy call options, because of the effective leverage.
- yaacovtp 16y agoThere's a good premium priced in there for volatility. Safer to sell puts right now and buy calls later.