why?
3 replies (most recent on top)
During times like this, corporations increase their worth by buying out other companies for their assets. That's why during the last oil slump we ended up with Conoco-Phillips, Exxon-Mobil, etc.
Pay the right price for something worth the value but even a bargain price is a poor investment for something not worth it. Guess where BP is .... read above.
I doubt it, why buy when you can wait and if they go under the assets can be bought cheap.