I am facing a dilemma. Should I sell BP?

Before I start, I should say that perhaps dilemma isn’t quite the right word. A dilemma is “a problem offering two possibilities, neither of which is practically acceptable”.

I bought into BP back in July 2010 (before I started the Amateur Investor blog) after the Deepwater Horizon oil spill had hit the shares for six. Shares had shed over 50% of their value, dropping from over 650p to around 300p.

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