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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (31760)8/12/2008 8:09:50 PM
From: Paul Senior  Read Replies (1) | Respond to of 78652
 
Broken Clock, re oil service stocks.

Yes, holding all RIG shares purchased.

Yes, holding all NE shares purchased.

Yes, holding all DO shares purchased.

Trying to list my past posts on these stocks from here and from elsewhere on SI. I can get info from "advanced sort" but in trying to paste the http header, it will paste here, but when clicking on it, it will not show all the posts for RIG or NE or DO. Gives me an "error" (click link)

siliconinvestor.com

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I'm in process of reviewing all my oil service stocks by p/e with regard to reducing high p/e ones. There are so many that have low forward p/e's that I'm wondering why I would want to have high p/e ones in the package that I'm holding. (Not that p/e is the best or even only criterion to use here, but for ease and convenience I'll at least start with that.) I see that [t]CRR[/t] has a forward p/e of 18 (per Yahoo consensus est.); that is too high (imo), and today I've cut back my few CRR shares (purchased 12/'06) by 1/2.