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


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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  • Tack
    , contributor
    Comments (16260) | Send Message
     
    One word: "sandbagging"
    18 Jan 2013, 03:48 PM Reply Like
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