Oil - BP = COP

Discussion in 'Stocks' started by ptrjon, May 3, 2010.

  1. ptrjon


    Just went long COP as a long term investment. I was looking for a play on the BP news, this is what I came up with- too much uncertainty around the oil spill to go long or short BP.
  2. subban


    Look at ATPG. It just took a dump after the oil spill news. They do a lot of drilling off shore off Texas and Louisana. Its down like 20+% from when the oil spill news came out. It could be a good short for this year.
  3. subban


    As I said this, now ATPG is up 8%. Go figure.