Why boycotting British Petrolium is stupid...
A well written argument, explaining why it isn't BP that should be boycotted, but oil as a product.
yet another BP related post
You might have noticed I've been posting a post a week recently, in relation to the spill in the gulf of Mexico, and news items discussing British Petrolium. It isn't that I've been hired by BP to do media work for them. This is, after all, a nice little blog with a select few readers (an elite, naturally, but as elites go, not a numerous crowd), and no person in his sane mind, regardless of the amount of U.S Dollars he spends on compensations and oil-contamination cleaning efforts, would start giving away money to anonymous blogs. The explanation is much simpler. As an investor, I've been interested in BP's stock for several months before the April spill. The decline of the stock presented, in my mind, a unique opportunity to buy an undervalued company (and i'm far from being a minority here), and as troubled companies shares tend to be volatile, the fact that I bought what in my mind is an amazingly cheap stock, with impressive profits in a not too distant fut
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