I read their market cap is down $50B since the accident. Might that be overdone?
Certainly the cleanup will be very expensive, but taking Exxon Valdez as an example, how long might it be before the total forked over by BP is $50B? Never?
If one of the fixes works in the next few days, might their valuation come way up?
Not a bad trading (not “investing”) idea it seems to me…
