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 : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: jim_p who wrote (40524)3/22/2005 7:17:16 AM
From: quehubo  Read Replies (1) | Respond to of 206316
 
Buying no, holding yes. NBR PTEN are still trading close to their highs so far so there appears to be plenty of institutions buying.

One of these days you will have a call to hang your hat on again. Your call in season ending storage levels was way off and based on a faulty understanding of fundamentals.

Where is the FLUSH production.



To: jim_p who wrote (40524)3/22/2005 8:10:53 AM
From: Frank  Read Replies (1) | Respond to of 206316
 
That was me buying NBR Jim -- I like them here with US land, Canada, mild offshore and ME where bids for rigs coming from SA, Kuwait and Libya and others -- even Venezuela wants rigs and guess who has them? Finally, well servicing doing great and margins rising. Haven't you heard? We are at 1200 bcf and facing summer with all incremental electricity to come from NG --Frank



To: jim_p who wrote (40524)3/22/2005 5:32:21 PM
From: kollmhn  Read Replies (1) | Respond to of 206316
 
Jim-

while I believe Gene is one of the best in the business, it doesn't hurt to mention that the last time he and Petrillo sold a big slug was about four years ago(?). That time it was about $275mm worth at $37(as I recall). Of course, the stock continued on up another 40%, to $60.

Does that make them dumb? Well, maybe at market timing but they sure are slick at awarding themselves humungous amounts of options.