Insiders See Value in Slippery Oil Patch [View article]
F the hedge funds. I'm buying more NOV at 34.
I'll buy them a drink at Harry's in five years to thank them for the opportunity to buy a quality company at a steep discount. If you have cash and time, NOV can make you a lot of money over the next few years. Don't get mad, get even --- or, better still, make a profit.
Insiders See Value in Slippery Oil Patch [View article]
If NOV hits 35, I'd be very surprised. But then again, I was surprised to see it drop below 50.
I like stocks that have strong fundamentals, good management, monopolize their space, earn money, and have visibility. NOV fits the bill. It's a good investment and, when the market volatility is replace with some semblance of sanity, it should move dramatically higher.
Demand for oil may slacken, but it's still going to take more rigs to satisfy that demand. Oil at 95 dollars a barrel isn't cheap, so I do not expect that NOV will have to go to the government, hat in hand.
Insiders See Value in Slippery Oil Patch [View article]
I'll buy them a drink at Harry's in five years to thank them for the opportunity to buy a quality company at a steep discount. If you have cash and time, NOV can make you a lot of money over the next few years. Don't get mad, get even --- or, better still, make a profit.
Insiders See Value in Slippery Oil Patch [View article]
I like stocks that have strong fundamentals, good management, monopolize their space, earn money, and have visibility. NOV fits the bill. It's a good investment and, when the market volatility is replace with some semblance of sanity, it should move dramatically higher.
Demand for oil may slacken, but it's still going to take more rigs to satisfy that demand. Oil at 95 dollars a barrel isn't cheap, so I do not expect that NOV will have to go to the government, hat in hand.
It's a quality company.
Insiders See Value in Slippery Oil Patch [View article]