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Disconnects- good or bad?

Recs

3

February 23, 2011 – Comments (3)

Quick question.  Oil up like 15% since fri.  SLB down about 1.5% since then.  Libya is only 1% of their revenue.

Clearly a huge disconnect.  Is this a buying opportunity, or is the price action saying SLB is overpriced and needs a pullback, or that something else is wrong, like this is only temporary?

3 Comments – Post Your Own

#1) On February 24, 2011 at 12:58 AM, HarryCarysGhost (99.70) wrote:

Huh! I don't know dude. Theres someting to be said for keeping it simple. SLB's a buy it was a buy at $30 and it's a buy now.

Oh and I posted a reply on your last blog. Let me know what you think. Don't hold back on your punches, since I have no plans on holding back on any of my critiques of your pitches .

You may leave the ring battered and bruised. But we'll both be better investors for it.

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#2) On February 25, 2011 at 2:24 AM, Valyooo (99.33) wrote:

Which blog?  I dont see any punches on my last couple of blogs.

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#3) On February 25, 2011 at 2:47 AM, HarryCarysGhost (99.70) wrote:

Just a meaningless prediction

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