Slb

[iceman1]

I must have lost brain cells in the past 20 years. Maybe I don't get the market; maybe I never did.

Why is SLB continually moving sharply lower when the broad markets have been moving higher all Q1; and more importantly oil prices and gas prices have been higher.

Any serious comments appreciated...

 

[Chuck E. Cheese]

My first post on ET,

My 2c in the matter:

1) Pressure from competitions (like Halliburton)

2) Political risk (operating in 85 countries)

3) Low returns (due to high expenses)

#1 is probably most relevance. It's hard to stay on top...