Schlumberger, Limited (NYSE:SLB)
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An oilfield services company, supplying technology, project management and information solutions that optimize performance in the oil and gas industry. It consists of two business segments: Schlumberger Oilfield Services and WesternGeco.
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SLB will report great numbers on Friday (July 18, 2008), and it will run up until the end of the day, and then the shorts will come in and SLB will decline for at least the next few weeks because of oil prices. So, even though I have faith in the numbers, I will sell by the middle of the day.
this is so outdated and so timing. Is there a better down pitch ?