+ Watch PKD
on My Watchlist
The Company provides land and offshore contract drilling services and rental tools on a worldwide basis to major, independent and national oil and gas companies and integrated service providers.
man, i hate to buck the trend here, company has good earnings, seems to delivery good product/service, the ability to grow, being pulled down by the sector . . . but i can't get past the insider sell off over the past few months. so much insider selling (especially compared to similarly situated industry peers) at a time you'd think they'd see value . . . i have to go with the insiders on this one and say dump this. a good entry price, but still, i think there are safer picks out there right now. with so MUCH low hanging fruit right now, why reach?pass.
Why?...You do not want to be one of many analysts including Schwab PUMPING this piece of garbage...only to take advantage of the clients you are supposed to help. I was right...Its down again after the pump to $6.74 to $6.33. If there is a God, I guess he will take care of the scumbags which you were not a part of this time.
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