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.
Gold/Mining/Energy : Strictly: Drilling and oil-field services
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Crimson Ghost who wrote (35464)1/20/1999 4:20:00 PM
From: The Ox  Read Replies (1) of 95453
 
I agree George.

With today's action in FLC, I would have thought they lost a contract instead of RDC (down almost 7%).

I think there is a point that needs to be stated here. During the September/October market correction, the OS stocks were absolutely hammered. Many of the stocks in this sector hit their 52 week lows at this time. Those who are buying now should be well aware that if the market starts a new correction phase, the OS stocks will probably be hammered once again.

Those who think that there's little downside in this sector may be correct from a dollar perspective but not from a percentage angle.

Best regards,
Michael
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News