I'm pretty sure he's well aware of that and is saying is the "Buy on the news" already priced in which normally could the be case (would have been in the past) except the word is not out to such a larger audience now and that most new (reddit) speculators don't even understand why fungability is a good thing now days let alone what BP is going to bring to the table.
^ Me when I finally made it to the end of that sentence. ^
But I had a bit of a think about it more and I got to thinking that there is just too much information in this space for people to sort through and absorb. So much fud and so much garbage, so much noise to signal. I mean who here knows what the hell is going on in other projects besides their babies? It seems pretty likely that it is not at all priced in.