RE:RE:This is interesting .......Too many big names think the Fed will bring on real pain , who wants to hold a driller going into that? if you want it, pick it up in the heart of the recession next year when fear is everywhere , good times
Hightowntrader wrote: HighOctane89 wrote: Precision Drilling is getting killed today , seems the market understands that lower oil means less drilling . Less drilling means ............ well , you know .....
PD is a weird one for sure... In the summer it dropped over $10 in a matter of days. Fully booked for months doesn't seem to mean much, as it goes up and down as stupidly as the WTI and associated stocks do.
I know that they are busy.