National Oilwell Varco, Inc. (NOV)

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The Company is a worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry.

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Avatar wcwhiner (99.96) Submitted: 5/23/07 1:24 PM : Start Price: $46.69 NOV Score: 7.59

Still (stubbornly and wrongly) shorting energy on a slowing economy. I shall take my losses when I see some decent growth coming. Until then, I want to be short spreads and energy margins generally. Services would seem in line for a haircut, should I ever get this one right, so despite NOV's gold-standard business, I want to be short their stock for a while.

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Avatar TDRH (99.98) Submitted: 9/10/07 11:01 PM

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When energy/drilling does turn, and it will, you will have a coiled spring of points to collect. Drilling is truly cyclical, and will turn down painfully, but I believe you are a little early. New rigs are coming online now and through 2008 which will increase the supply and drop the day rates. When this happens you will see a sheer drop. I predict July of 2008.

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National Oilwell Varco, Inc. (NOV)

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