There are likely other consequences of the BP oil spill. I interpret Natural Gas future price charts as positive divergence. The USA Government might prefer natural gas to oil. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2865036 \img>
Regarding Waste Management, only a small portion of their business is involved in the BP oil mess. I'd treat their stock as any other stock.
I want this thread to remain focused on oil spill cleanup stocks. I am creating another thread for us to consider the trading consequences of the BP Gulf oil spill http://www.elitetrader.com/vb/showthread.php?s=&threadid=201010, including the divergence in natural gas futures price graphs.
watch out - this could go belly up... the management is completely incompetent, franchise is not diversified, finances are stretched, moratorium potentially longer than 6 month, etc. overpromise/underdeliver every quarter. in fact i am surprised this company still exist. many people were recommending ATP at twenties. - well at least now the entry price is better - but it is a casino play (not a value play). in BK I think all is secured so you end up with big ZERO (no negotiating power).
Can we get this guy banned from this board. This is like the 5th thread I am seeing him spam his bs penny stock letter.
i think there are several of them and ET moderators try to delete their posts as soon as they happen- but of course these people are busybodies.... p.s. put them on ignore and you should not be getting email notifications...
MOPN just got a contract with BP...Why isn't this on the list it was up 250% yesterday on the news and held it's ground today with no dump. Check it out .... MOPN
I checked it out. It's on the pink sheets. Which.........eh......is "worse" than bulleting boards. 250%? On a quarter? What's the spread? You excite easily, don't cha?