May 30, 2010 6:47 AM Subscribe
The stock price of BP is at about $42/share. When the US Market opens after Memorial Day, the price will have surely fallen because of the company's failed "junk shot" and "top kill".
posted by CollectiveMind to work & money (38 answers total) 3 users marked this as a favorite
Because it is a multi billion dollar company, and because the world will still need oil, I don't expect it will stop drilling or that the oil it extracts will be any less valuable. But this disaster will probably push its stock price lower than ever in modern memory. So, on Tuesday, is it a buying opportunity?