A short time after flip-flopping on his support for oil drilling in the Great Lakes, Republican U.S. Senate candidate Ron Johnson has flip-flopped again, this time on whether he’ll actually sell the hundreds of thousands of dollars of BP stock he owns*, as he’s previously said he’d do:
Wisconsin candidate for Senate Ron Johnson says he hasn’t decided whether to sell his BP stock, two weeks after he told reporters he would get rid of it.
Financial disclosure forms show the Oshkosh manufacturer owns between $116,000 and $315,000 in BP stock. On July 9, Johnson’s campaign said he would be moving his investments into a blind trust.
But following a campaign rally just days later, the Republican told reporters he planned to sell the BP PLC stock to help finance his campaign against Democratic Sen. Russ Feingold.
Johnson on Monday says he will probably sell the stock to help finance his campaign, but he hasn’t made a decision yet.
The Chief has posted some audio of Johnson saying he may eventually sell his BP stock, but that any decision to do so will be based on market conditions, not on whether it’s the right thing to do.
The illusory tenant and The Chief have more required reading on Ron Johnson’s BP flip-flop.
Gauging where BP stock is now at, this is as good a time as any to do it and make money doing so. That’s what it’s all about.