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Nabors Industries Ltd. Message Board

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  • buycheapstocks buycheapstocks Nov 30, 2006 3:58 PM Flag

    Congrats everyone !

    hi dj,

    I was thinking what happened to u. was hoping that u are celebrating with couple of blondes since gold keeps going higher.

    I was burned once with home builders and will not try again. it seems with bad news they go up. exactly opposite drillers.

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    • Yup - gold is grand !

      And with the homebuilders playin em to stay relatively flat has been a 75% probability trade the last couple times.

      Same thing this time... but ... I may be hittin the other 25%.

      When I put the position on yesterday at 52 and today its at my upper limit at 56 (upper limit at expiration -- as of today its actually quite the loser if I sold now. Break-even price at exp. though).. .well anyway... someone waited til I got the 4-legged beast in play, then upgraded the group. Why in heck cant oil get an upgrade if these homebuilders can ??

      Ahh well. The game rolls on.

9.07+0.13(+1.45%)May 27 4:03 PMEDT