No point in Quitin' Now. Earnings are out on the 26th and if that doesn't wake people up nothin' will. My Read on the chart says 3rd down wave was 8.88 close on Tuesday. Look for money to start coming in now. I'm out of cash and will not Margin but the worst should be over. If it stays at this level for long Nabors will buy us for a cheap 14$ and I believe thats the end-game with the short position which (PDS) is top 20 on the NYSE (Feb).
Not a happy camper but a 1 year hold here puts you at 15 for sure.