Quote:
Originally Posted by Slava
C'mon the markets are wrong a lot, and misprice things all the time. I'm not saying that BP won't drop, but don't pile in just because everyone else is either!
|
You are right the market isn't efficient and that is why I trade it. My comment was kinda sarcastic as even though the options market is leaning one way does anyone really know. Leo Tse "He who thinks he knows doesn't know, he who knows that he doesn't know, knows
. Even though whenever there is a crisis there is also an opportunity I am not getting on either side of the BP trade and want no part of this company as it is permanently in the penalty box as far as I am concerned. Why not pile in? The BP situation is an outrage. I hope they stay solvent just long enough to pay for what they have caused. At this stage it isn't about profits and the company isn't efficient
