Oil Service and Drillers . . .

L

Landis82

Goldman upgraded the group last Thursday based on several factors.

And with Hurricane Dean making its way towards the Gulf this could be a HUGE play.

Best of breed:

DO, NOV, and BHI
 
Quote from Landis82:

Goldman upgraded the group last Thursday based on several factors.

And with Hurricane Dean making its way towards the Gulf this could be a HUGE play.

Best of breed:

DO, NOV, and BHI
More...

Nice post. Thanks. Thinking same.
 
Quote from flytiger:

Nice post. Thanks. Thinking same.
More...

Good strength off the backs of Nat-Gas early in the session then gave way wheny when NG reversed and collapsed. . . then the broader market collapsed with it.

Talk about VOLATILITY.

Solid EPS upside revisions are in the offing, so says Goldman.
Hurricane Dean is still too early to tell.

DO and PTEN getting cheap.
 
Over the last 2 weeks since this post, stocks like BHI, NOV, and DO have surged!

BHI +9 points

NOV +13 points

DO + 10 points

Have a great LONG weekend everyone!

:)
 
Quote from Landis82:

Over the last 2 weeks since this post, stocks like BHI, NOV, and DO have surged!

BHI +9 points

NOV +13 points

DO + 10 points

Have a great LONG weekend everyone!

:)
More...


If you want to play Oil drillers play OIH, it consists of all these companies. One volatile son of a gun. Now its on the up move, you can bet it will go up to 190 where it was and much more. I am juicing it everytime it moves 5 points, I move up in my spreads. Its ladder making a Ka-ching sound.
 
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