DislikedSo if the median estimate is 97, some of the strategists are aiming higher.....some lower too of course. I have a ring around 100.....we shall seeIgnored
Do you think that any of them took into account the probable consequences of that oil spill continuing and resulting in massive evacuations in the US?
Right now it does not appear that anyone has come up with a good way of stopping the leak and that, this being the beginning of the hurricane season, it is very likely that there will be serious contamination of a large part of the US for a long time to come.
Unless a miracle occurs, it is looking more and more likely that the US economy will go down the toilet for a long time to come. We need to keep this in mind with any long term projections. Right now, there seems to be massive denial of what may end up being the worst ecological/economic disaster in history.
Oh, and if you have any BP stock, SELL.