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Schlumberger Limited Message Board

  • diligentconqueror_m diligentconqueror_m Nov 14, 2012 11:09 AM Flag


    Bashers want you to believe that the rich will be selling and not investing, but that is just not true. If anything, if there were selling, they would be selling out of top heavy stocks that they have huge gains in, and either buying back in the same stocks, or buying more of stocks that are not up much (SLB) that have huge upside potential and growth. While I do not agree with heavily taxing the rich more, it would not be a huge burden for them if the fiscal cliff does come....more of a burden for (us) middle class if the Bush tax cuts expire! Unreal they can drop a stock early in the day on such relatively low another green rebound later in the day.

    Sentiment: Strong Buy

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