Whitney Tilson puts BP’s gulf spill liability in perspective.
Granted BP may have to pay billions or even hundred billions of dollars to clean up the spill. The price of the stock is just too cheap for Tilson to pass by. Tilson remind that this is a company that makes north of $20 billion a year.
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Also check out: Granted BP may have to pay billions or even hundred billions of dollars to clean up the spill. The price of the stock is just too cheap for Tilson to pass by. Tilson remind that this is a company that makes north of $20 billion a year.
Watch the video: