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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Lois R who wrote (10664)2/5/1998 10:20:00 AM
From: Thean  Read Replies (1) | Respond to of 95453
 
Lois
Regarding my question "How many did they stack?"

I mean how many of their rigs are currently in storage or not utilized not because of lack of demand but because the bid price was too low for them. Hope this clarify.

The gap-up scenario materialized. All drillers are now hitting their upper BB. With the momentum the sector is having, it is likely we will see the beginning of surfing the upper BB wave. Good luck to all.