Wall Street Manna

An irreverent look at Wall Street

Saturday, June 19, 2010

BP oil spill

5 Comments:

At June 19, 2010 at 2:06 PM , Blogger Settembrini said...

Palomoni, I say X is a great play(thank's for the barron's link) what u say?--Motley Fool, Cramer have been pushing Nucor as a better buy---also Motley likes National-Oilwell Varco, Inc, which seems to make sense

what are u looking at as buys?
X? Nucor? NOV? or how bout WAG?

 
At June 19, 2010 at 2:23 PM , Anonymous Anonymous said...

I know this isn't the time to be making snide remarks, but to think that BP could have prevented all this just by having a good "blow-out preventer" but they wanted to save a few bucks. This is proof that pure free-market capitalism just doesn't work in real life.

 
At June 19, 2010 at 2:40 PM , Blogger Settembrini said...

I think all other drilling companies will from now on be buying "blow out preventers". I guess free market does work? of course not! we should have politicians run everything, right anonymous? I love government agencies too. It be great if politicians ran the oil industry!There would never be a spill again!

Palomoni, Do you ever think STT will go up again?

 
At June 19, 2010 at 8:25 PM , Anonymous Anonymous said...

Anon, don't be stupid. This is bound to happen. The only way to prevent it is to get into alternative energy technology.

 
At June 20, 2010 at 12:00 PM , Anonymous Anonymous said...

Anybody see the strange play HAL did after putting down the cement base for this rig ? 11 days before this blow out they were "lucky" enough to buy WEL (coots & Boots) that just specializes in rig fires and blowouts .So now HAL will profit through this purchase ....god that Dickey Cheney is one lucky fella makes you wonder

 

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