Grey Wolf Inc. (GW)

All Comments on GW

  • commenter
    Marc
    Courtenay
    Aug 27 03:02 PM
    My Website
    Precision Drilling's Acquisition of Grey Wolf a Smart Move [view article]
    Helpful article and important insights from Garman. Thanks, and let's hope we have one more chance to buy PDS on a pullback soon. Reply
  • commenter
    Lex Luz
    Aug 27 12:32 PM
    Wall Street Breakfast: Must-Know News [view article]
    CCerenz - Our auto companies are uncompetitive because they are run by fat, lazy bureaucrats with no market savvy and neither the ability nor the willingness to innovate given their knowledge that no matter what happens, they will be bailed out by Uncle Sam as is happening now. Yes, they have high labor and legacy costs. This too is a reflection of poor management. Everyone loves to pile on to the unions and they certainly bear their share of the blame but at the end of the day there is SOMEONE running the company who must set strategy and execute against it. When that strategy fails, the CEO should either adjust or accept failure. Instead, American auto company CEOs go crying hat in hand to Congress and whip up a spectacular frenzy among the deluded that it's all the fault of someone else. Nonsense. We are a nation of whiners indeed - and there are no greater whiners than those who've led once-great businesses into the sewer. Reply
  • commenter
    notsosmart
    Aug 26 06:25 PM
    My Website
    Precision Drilling Snaps Up Grey Wolf: A Smart Acquisition and Good Income Too [view article]
    i hope this messing about doesnt affect the yield. Reply
  • commenter
    secmaven
    Aug 26 02:27 PM
    Options Trader: Monday Outlook [view article]
    It is the throwing of trillions of dollars into foreign stocks traded on foreign markets that has resulted in these handsome gains...not the success of the local economies. When we start repatriating those dollars the foreign stocks traded on the foreign markets will collapse. The locals are not dumb enough to get involved in the presence of opaque accounting, no government oversight of the markets, etc, etc. Reply
  • commenter
    Brian Powers
    Aug 26 09:52 AM
    Grey Wolf Shareholders Deserve Better Buyout Offer [view article]
    You mention, "is six percent below the offered price." You should factor in the fact that PDS' dividend ex-date is this week. When accounted for, GW is not that much under the offer. Reply
  • commenter
    MSmailbox
    Aug 25 08:24 PM
    Wall Street Breakfast: Must-Know News [view article]
    It's entirely possible, that we will see some more downside, before the regional banks start up. However, their share prices ought to reflect their future potential. To me, I see capitulation in the share prices of these banks... Everyone who was going to sell has had ample opportunity to get out. Now, I see buying by Directors and other people who have a vested interest in the success of these banks, as well as our country, in general. These are not just speculators, like myself. Reply
  • commenter
    MSmailbox
    Aug 25 11:12 AM
    Wall Street Breakfast: Must-Know News [view article]
    David, I'm sorry, that was a bad joke... I was referring to Marshall & Isley (MI). I have my money market and a large CD, there. I like the fact that they sold their data-processing unit last year, in order to raise capital. They didn't wait for a crisis to develop, as some others have. Also, they raised their dividend to $0.32 qtrly and insiders have been making large puchases, as recently as last week. Reply
  • commenter
    blackbody
    Aug 25 11:08 AM
    Options Trader: Monday Outlook [view article]
    I don't think it is a coincidence that the '03 was the bottom for MSCI. As Iraq war caused US to print trillions of dollars and throw them all over the world, the rise in commodity prices certainly did more than help the rise of emerging markets. Therefore, then, it is more than likely that the deflationary pressure emanating from the debt contraction will also propagate through the corners of the global economy, this time triggering the fall of emerging market. Reply
  • commenter
    David White
    Aug 25 11:07 AM
    Wall Street Breakfast: Must-Know News [view article]
    Today the VIX has made the start of what could be a big move upward. It has apparently bounced off its support level of about 18.50. If it continues to go up from here to 30 or more, we could see a large near term drop in the SPY and DJIA. The last move upward translated into an approximate 17 point drop in the SPY and about an 1800 point drop in the DJIA. That certainly sounds bleak to me. Reply
  • commenter
    kkin365
    Aug 25 10:36 AM
    My Website
    Wall Street Breakfast: Must-Know News [view article]
    Adding source to earnings report is very appreciated. Enjoyed the daily summary. Reply
  • commenter
    secmaven
    Aug 25 10:28 AM
    Wall Street Breakfast: Must-Know News [view article]
    One more big decline in the market coming? It took two years for the tech bubble burst to be dealt with by the market and only a few million investors were affected. Now every consumer is being killed by inflation and wage stagnation and every homeowner is hit by a decline in their equity and limitation on HELOC borrowing, the real underpinning of the "prosperity" over the last several years. And this this bear leg in the current market, not yet one year young, will be over shortly with just one more decline? What are you smoking? Reply
  • commenter
    notsosmart
    Aug 25 09:53 AM
    My Website
    Wall Street Breakfast: Must-Know News [view article]
    folks- its a ll a game run by the same power elite for themselves.when are you going to comprehend this? no matter how bad a job is done there is no accountability except for down the ladder jerks who will get pink slipped while the ceo gets raises or infrequently a golden parachute only to pop up in another co. to ruin them.in any system a certain amount of honesty & ethics have to prevail.you cant have a law for everything.sadly this system is beginning to rot from the inside.no-im not a communist,socialist,un... or doom & gloom guy.just a realist as i see the financials trotting out their losses slower & slower instead of the transparancy they owe their stockholders(suckerhol... as i call them). Reply
  • commenter
    moneysurf
    Aug 25 09:48 AM
    My Website
    Wall Street Breakfast: Must-Know News [view article]
    Oil sector making loss is inline with the expectation in the light of current circumstances I would say this is a good opportunity to buy oil related stock! Reply
  • commenter
    ccerenz2
    Aug 25 09:40 AM
    Wall Street Breakfast: Must-Know News [view article]
    Fitzman,
    Don't try to politicize a problem that has existed for decades...our auto companies are over regulated, taxed, and encumbered by uncompetitive labor costs, especially when you look at the wrap rate including benefits. Legacy costs are almost impossible to meet, and there is no relief on the horizon. When people like you figure out the real problems in this country, perhaps then we will collectlvely conclude the current systems we have in place needsto be overhauled. Making the president a dem doesn't change that.     Reply
  • commenter
    leh
    Aug 25 09:34 AM
    Wall Street Breakfast: Must-Know News [view article]
    I had the same response to the big automakers self-created plight as Fitz--it's outrageous that the same companies that fought CAFE standards tooth and nail for years now come begging for loans to, yeah, you guessed it, make their cars more fuel efficient! Would love to know how many millions were spent over the years by the Big Three on lobbyists to fight these very standards they're now embracing out of economic necessity. Toyota OTOH had the street smarts and market prescience to develop the Prius over 10 years ago when crude was dirt cheap, while GM was crushing its EV1's and turning that same production line over to the then new Hummer line. Reply
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