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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: HH who wrote (7403)1/10/1998 10:27:00 AM
From: JHR  Read Replies (3) of 95453
 
GLM FANS.

In case you missed it check out Teddy's post7456.

They talk about turnkey operators and how a number of players are getting out because its less profitable, and how GLM is largely a turnkey operator.

Dont know if this is bearish on the stock or not. It would seem it would only hurt if they have their rates set too low. Mike Simmons had a good post describing the differences a while back. There doesn't seem to be any logic to the jammering this or any of these stocks have taken in the past few months, but this may be part of it in GLM's case.
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