GREY:MLKKF - Post by User
Post by
NobodyKnowsOneon May 26, 2010 12:49pm
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Post# 17132655
RE: The Leak
RE: The Leak
An interesting observation, jph. Currently there is a great deal of effort being put into stopping and absorbing the leak. And I suppose there is a degree of psychological drag playing on the markets at the moment due to the leak.
The contrary play here, according to some traders featured on BNN yesterday, is to buy BP and Transoceana because these stocks have been overly punished due to the crisis.
Cheers