RE: RE: buk is moving up
Just curious how that helps BUK... we don't have a drilling arm in the company do we ?
I'm thinking more that there is exuberance about the U.S. Treasury coming out with plans to stabilize the toxic assets and so the market sees 6 - 9 months from now we have a better economy and ergo stronger consumption of product globally... that tide theoretically should float all boats regardless of their fundamentals... I mean Timminco is up over 20% today as an example.
However, I don't know for sure either... just hypothesizing... glad to see the rise.