Tax loss selling This will be a painful couple of weeks as the long term investors sell off this stock for tax loss purposes. With the major fall in SP this is a classic tax loss candidate. Once this is finished I think we will see the SP begin to rise to a more apporpriate level. This company certainly is not as bad as this SP reflects. I agree with Rapid that the either sell off some of their rigs or get them put to work. I think as I have mentioned before, January will be very good for them in the Latin America region of their business.