Oil Spill Cleanup Stocks

[Hook N. Sinker]

There are likely other consequences of the BP oil spill. I interpret Natural Gas future price charts as positive divergence. The USA Government might prefer natural gas to oil.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2865036 \img>

 

[Petsamo]

Regarding Waste Management, only a small portion of their business is involved in the BP oil mess. I'd treat their stock as any other stock.

 

[Hook N. Sinker]

I want this thread to remain focused on oil spill cleanup stocks.

I am creating another thread for us to consider the trading consequences of the BP Gulf oil spill http://www.elitetrader.com/vb/showthread.php?s=&threadid=201010, including the divergence in natural gas futures price graphs.

 

[dhpar]

Quote from subban:

Check out ATPG. It has gone from $22 to now around high 8's and 9's since the spill. It has some deep water drilling postponed because of Obama's new regulations but their main project Telemark I think is still a go.

watch out - this could go belly up...

the management is completely incompetent, franchise is not diversified, finances are stretched, moratorium potentially longer than 6 month, etc. overpromise/underdeliver every quarter. in fact i am surprised this company still exist.

many people were recommending ATP at twenties. - well at least now the entry price is better - but it is a casino play (not a value play).

in BK I think all is secured so you end up with big ZERO (no negotiating power).

 

[subban]

Can we get this guy banned from this board. This is like the 5th thread I am seeing him spam his bs penny stock letter.

 

[dhpar]

Quote from subban:

Can we get this guy banned from this board. This is like the 5th thread I am seeing him spam his bs penny stock letter.

i think there are several of them and ET moderators try to delete their posts as soon as they happen- but of course these people are busybodies....

p.s. put them on ignore and you should not be getting email notifications...

 

[blox87]

MOPN just got a contract with BP...Why isn't this on the list it was up 250% yesterday on the news and held it's ground today with no dump. Check it out .... MOPN

 

[efficiency]

Quote from blox87:

MOPN just got a contract with BP...Why isn't this on the list it was up 250% yesterday on the news and held it's ground today with no dump. Check it out .... MOPN

I checked it out. It's on the pink sheets. Which.........eh......is "worse" than bulleting boards.

250%? On a quarter? What's the spread?

You excite easily, don't cha?

 

[subban]

Atpg up now 12% on news of moratorium release.

 

[dhpar]

Quote from subban:

Atpg up now 12% on news of moratorium release.

where is this news? that would be a shocker - and of course big positive for atpg...