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Bullboard - Stock Discussion Forum Parker Drilling Co PKDC

Parker Drilling Company provides drilling services and rental tools to the energy industry. The Company’s business lines include rental tools services and drilling services. Its rental tools services operate through two segments: United States rental tools and International rental tools. Its drilling services operate through two segments: United States (lower 48) drilling and International... see more

GREY:PKDC - Post Discussion

Parker Drilling Co > it's a sell today
View:
Post by coolfooldumbguy on Oct 17, 2018 10:50am

it's a sell today

you should get out asap.
Comment by BearBullBrian on Dec 13, 2018 5:27pm
Actually, now it's a hold in the same way you hold on to a lottery ticket, because the stock is almost worthless. They may find a way to rationalized the assets so the shareholders get something. The huge drop is a knee jerk reaction from speculators. BBB
Comment by Chas15 on Dec 14, 2018 6:09am
I’m laughing at the fact that this went from a $100 plus stock to bankrupt in under 5 years haha. That’s hilarious to me tbh, sucks for the people that will lose jobs and money but man, how do you have that much exposure at high oil prices? Lol 
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