BP: Sell on the news?

Discussion in 'Stocks' started by Bullverine, Jul 28, 2010.

  1. So with the "static kill" coming up. If the kill does not work its down for BP again, but if does work will it still go down? It seems like a "sell on the news" set-up, static-kill must have been priced in way back. On the other hand it may go much higher after the "static kill" news" since the market was just waiting for confirmation. Just wondering what you think about this situation.