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National Oilwell Varco, Inc. Message Board

  • phonodelic phonodelic Mar 18, 2013 6:49 PM Flag

    I hate Yahoo

    Warren Buffet and Co like NOV. Follow Warren. Just keep buying on weakness. Ignore slow on land drilling. Offshore will compensate.

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    • Not sure what you hating Yahoo has to do with Buffett liking NOV, but I wholeheartedly agree with you in buying the weakness. It isnt that one should see analysts as contrarians, analysts recognize that the masses have a herd mentality, so if the analysts say buy, the masses buy. That give them a free reign to sell. When they sell, the price drops, at which time, they recommend SELL, the masses then sell (for a loss) all the while, the analysts and their clients are BUYING. It is simply a follow the money shell game.

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