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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (28658)10/23/2007 11:59:17 PM
From: Spekulatius  Read Replies (1) of 78682
 
CPX, I bought some shares today as well. CPX is a cheap domestic version of drilling allrounder HAL, the way I see it.

With SLB NA earnings below expectations, i do not expect much from CPX next earnings report. However sooner or longer NA drilling has to pick up with NG being dirt cheap compared to Oil. And once we do have a shortage it's going to be an extended one since it's much more difficult to import NG than Oil.
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