I spend most of my investing energy focused on long-term, tax-advantaged investment options. But I can’t help but be curious about potential quick money makers like this one…
BP stock has lost about 50% of it’s value over the last 3 months. The Deepwater Horizon explosion and subsequent oil spill have sent the stock on a downward spiral. However, with the recent discussions and agreements with the US Government, the stock seems to have stabilized around $30, with some people saying that BP is now a buy.
What’s your take? Are their any active traders out there that are taking a calculated risk with BP stock? If so, I’d love to hear your analysis in the comments below.
Links from Last Week…
5 Ways to Calm Your Fears when Investing
Celebrity Net Worth Roundup
5 Retirement Moves for New Graduates
Different Ways of Investing Your Money
Are EFTs Bad for Investors?
Is it Better to Buy or Rent? [Infographic]
Carnivals from last week: Financial Planning, Frugality, Best of Money, Taxes, Money Stories, and Personal Finance
Last Edited: February 18, 2012 @ 1:51 pmDid You Like This Article? Get free email updates! Sign up now and receive exclusive content and a FREE COPY of my eBook '31 Days to Improve Your Financial Life'. Enter your name and email address below: | ![]() |














Yes, BP is a great stock to invest in as for as long term goes. this is simply because the US goverment doesn't want to pay for BP's mistake, therefore they need BP to stay in business to generate cash to pay for the cleanup. BP is a oil giant and has over 8 billion in reserve cash. This company turns over a billion a quarter in profits. You will double your money in 10 years
- spam
- offensive
- disagree
- off topic
Like