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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (24928)10/4/2006 11:28:58 AM
From: Wallace Rivers  Read Replies (3) of 78728
 
Hello fellow value investors with underwater positions in oil service stocks. My falling knife is PDS, bought a scant two weeks or so ago, worth about a 20% haircut.
I still believe in the long term viability of this sector, and am considering a swap within the group. Does anyone have possible swap ideas out of PDS into another stock within the sector? I know PWE has been mentioned here before.
Also, if anyone has any ideas about PDS, particularly the sustainability of the distribution, and how much it might be cut (presuming it will be cut?), that would be most appreciated.
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