Kirk's Market Thoughts Message Board

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Non-Tech : Kirk's Market Thoughts

COHR 185.83

+5.8%

Dec 19 9:30 AM EST

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To: Kirk © who wrote (2370)	12/3/2014 1:00:55 PM
From: Jerome	Read Replies (1) of 26806

Hi Kirk, Seadrll (SDRL) has suspended the dividend.... But I look for the others on this list to acquire smaller companies that could be in a cash bind. All of these companies have very low p/e's and relatively high earnings compared to similar market cap companies. Boone Pickens still thinks oil is headed to the $100 to $200 range. I consider him an outlier in oil price projections. A lot of marginal players will bite the dust...or be acquired. The companies I listed will survive and prosper. It will just take one major unfortunate event to send oil prices to a much higher range.

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