Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: buckbldr who wrote (121447)	6/7/2009 2:07:23 PM
From: JimisJim	Respond to of 206125

Apparently, Credit Suisse is also saying ESV is risky... from the OFS weekly report from Credit Suisse that Dennis posted last week: "ESV: "Day of reckoning" in jackup market appears likely in 2009 given softening demand and significant uncontracted capacity additions. Best performing offshore drilling stock in 2008YTD, but consensus expectations for 09/10 too high. ESV's concentration of jackups in Southeast Asia and the U.S. GOM look particularly vulnerable. " And I have to agree, particularly with the last point. Jim

To: buckbldr who wrote (121447)	6/8/2009 7:37:51 AM
From: GREENLAW4-7	2 Recommendations Read Replies (2) \| Respond to of 206125

Buck, your thinking that we are now in a World Economy is exactly why I believe as the second shoe drops OSX will take out March lows. It will take Years to fix the issues, and those that think we can bounce right back to the 2007-2008 cycle highs are profoundly ignoring historic facts to their detriment. Remember what I said, the 2006 thru 2008 was an anomolie. Probably a once in 20 year probability.