SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Senior who wrote (32947)12/23/2008 12:10:41 PM
From: Spekulatius  Read Replies (1) of 78634
 
RIG is really taking it to the chin recently. the headquarter move did not help much either, all those stocks that move headquarters receive an extra 5% whacking. RIG has a fair amount of debt however.
SLB is also at it's lows, trading at a forward PE of 10 which we have not seen for a while either. BHI (which i like) is still off it's lows, maybe because it is more in the consumables space than the Capex space. Anybody doing any new buys/adds in this space.

I am restraining myself from catching falling knives and the oil sector seems to be one. I want to see the damage that 40$ crude (or below) creates before committing funds to the sector.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext