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

To: GREENLAW4-7 who wrote (123797)	8/31/2009 8:45:22 AM
From: tom pope	3 Recommendations Read Replies (1) \| Respond to of 206223

The key to investment success is of course to find the news, any news, that bolsters your case.

To: GREENLAW4-7 who wrote (123797)	8/31/2009 8:46:15 AM
From: CommanderCricket	1 Recommendation Read Replies (1) \| Respond to of 206223

Hughes is willing to pay a 16% premium for the bloated pig BJ Services. You must be short the OSX again. It just doesn't matter what you think about valuations.

To: GREENLAW4-7 who wrote (123797)	8/31/2009 9:01:23 AM
From: MoneyPenny	Read Replies (1) \| Respond to of 206223

Talking your book, eh? MP

To: GREENLAW4-7 who wrote (123797)	8/31/2009 12:48:46 PM
From: JimisJim	1 Recommendation Respond to of 206223

Greenlaw: as you probably already know, M&A in OSX peaks near the bottom for the sector, give or take a few months. To see such a large one at this moment forces me to re-examine my thoughts on where the OSX sector is in its current cycle. Is this a blip, or the sign of things to come? My memory may be hazy as I am suffering a horrific hangover, but seems like the last merger of this size in OSX was RIG & GSF not too long before the POO peaked. Perhaps this merger is the first of more to come, and if so, when such activity peaks and dwindles, we may see the sector bottom and then near another top as M&A tapers off. I have no data to support any of this, just remembering M&A activity for last 25 years or so in OSX (VRC/NOV always grew through M&A when the sector had bottomed). Jim