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Noble Corp. Message Board

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  • renaissancebubba renaissancebubba Jun 1, 2010 5:13 PM Flag

    Obama destroying American wealth? Hardly.

    How exactly can you lose money in a well run oil drilling concern when current economic and environmental concerns are likely to create a shortage of oil? There ain't no idle rigs when the price of oil is way up.

    About the only way that I can see that you could lose money right now is to sell out of fear, which just lets the big money take your shares off your hands for lots less than they are worth.

    A little patience it probably in order.

    If you ain't in, it's probably time to get in. If you've been in, it sure as heck ain't the time to get out if you ask me, which I understand you didn't but hey that's my take.

 
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