GREY:STRDF - Post by User
Comment by
PAGODA5on Feb 28, 2013 10:31am
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Post# 21054965
RE: 2012 Year End Results
RE: 2012 Year End Results THings certainly don't look great but the manegement seem to be doing all the right things to get the ship in order. Laying off staff where necessary and focusiing on higher margin businesses. This is really a play on the US recovery and to some extent the XL pipeline. I think you will see a sizable increase in activity if Obama grabs a brain and realizes the benefits of this pipeline, not only to Canada but also North Dakota. Once more oil can flow freely to the Gulf, these oil services firms will do well.
I actually waded into the water this morning with a long-term buy.