I wish I could agree with you. I have a big position in MDR and thought it would get up to $15
but then tanked with earnings. I am not losing since I bought it at $9.60 but lost most of my profits
in the last week or so. Now hope to get back to $13.
Today big news for Oil and Gas drilling and construction company - China's plans to unlock what could be the world's biggest shale gas reserves risk running further off track after 16 firms awarded exploration rights in the latest auction lacked one core skill - not one has drilled a gas well before. Hedge Fund managers could position this industries soon because these is huge profit than U.S shale gas reserves.