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Schlumberger (SLB +4.3%) is up strong after reporting Q4 earnings that came in higher than...

  • Friday, January 18, 3:47 PM ET
    Schlumberger (SLB +4.3%) is up strong after reporting Q4 earnings that came in higher than expected after the gloomy guidance it provided just a month ago. While some analysts like SLB's solid performance amid a challenging period for oil service companies, Weeden's Michael Purves suggests investors cash out of the volatile stock and "wait for re-entry points."
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  • One word: "sandbagging"
    18 Jan, 03:48 PM Reply Like
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