They're awful. They truly, truly suck. Their CEO is, to use the vernacular of his homeland, a total ponce.
But I think if I had a few bucks set aside, now would be the time to buy BP. (And I'm not the only one.)
Facts: the stock is at this point undervalued. The company is not going anywhere (despite bizarre rumblings that it was in danger). It is one of the few global players in a commodity that is becoming only more scarce (thanks in no small part to the amount of crude bleeding into the Gulf of Mexico).
In terms of ethics, I look forward to the day when shorting BP will be a winning proposition.
