*****OT*****
Roader:
19 to 13 in two weeks. So you know about the pain in this sector. :-)
I don't follow NBR, but I have followed MRL (nie MDCO) for months. I have been itching to buy, but haven't. My favorites, which I'm looking to add to are RIG, DO, and FLC. I have positions in each of these + others. Again, do your own DD on any of these.
My buy target range for N was 22 (with no news) and 32 (with + news). I now have to reconsider buying in the OS with N breaking below 22. I never thought it would reach that level again! The fundamental growth story is still intact (Russia nothwithstanding), and N too is a screaming buy. I'll make my decision(s) by tomorrow afternoon (expect an AM bounce/retracement). Since I'm happy with the stocks I own, once I use up my remaining fun tickets, I can sit back and wait for the market to again recognize VALUE investments.
Just my take FWIW.
Bernie
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