Post by
HighOctane89 on Sep 22, 2022 1:40pm
This is interesting .......
Precision Drilling is getting killed today , seems the market understands that lower oil means less drilling . Less drilling means ............ well , you know .....
Comment by
Hightowntrader on Sep 22, 2022 2:01pm
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.
Comment by
Cobalt on Sep 22, 2022 2:09pm
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
Comment by
HighOctane89 on Sep 22, 2022 2:33pm
I don't want it but with falling prices , drilling will suffer and so will supply . That was what I was watching .
Comment by
HighOctane89 on Sep 22, 2022 3:57pm
Jesus H !!!!!! Get the F off my back !!!!! I don't give a $hit whether we use PD or not , I was making an observation , I had no idea you were such an effin authority on Precision Drilling