Did anyone see PES surprize earnings? Up 2 bucks last couple of days. PKD will have the same effect next quarter. Since Wallstreet loves strong guidance, it could actually be up from this earnings report.
About the only thing we've seen is you keep pumping Parker and it keeps going down, so in the real world, you would be fired! Not only that, but you pumped earnings even after they warned in a press release prior to releasing earning report, they would show a loss and pay fines for "Alleged Bribes".
So now that the stock is down about 9% just today, let me guess, you're going to double down your shares and risk more money?
Once a trading stock, always a trading stock! With all the good investments available in Oil Drillers/Oil service companies, you jumped on the wrong horse.
PKD rated A at schwab and highly rated at most others. Gas and oil are still a must in the world and will be for our lifetime. I say PKD is safe buy here for long term. It could get taken over as did Grey wolf a while back when PDS bought them. GLTU all