Following BP’s distressing incident, it is likely that the company’s stock, though risky, is undervalued, poisoned by the suffocating fines, the sticky, clinging lawsuits and the unending media glare.
This raises a question: Can you invest in BP and not be a scoundrel? You may, in response, argue that BP did nothing particularly evil or risky. Plenty of wealthy gentlemen in suits are screaming about that right now.
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