Watch it bounce in due quick time. While I can possibly understand the panic selling in the market due to fiscal cliff, and some slowdown in SLB business, that latter part is already priced in now, and there will be 'good business' in 2013. The oil & gas market are not going away, and SLB will be surely needed all over the globe! Smart money is buying while dumb money is selling....guaranteed. Just imo...do your own DD.
Yeah, they're buying just like earlier in the week? Ow, wery thought out "fundamentals". I betta buy this stock for the LT (not). Yup, it's the "dumb money" selling today. Market looks out 6 month-chit, huh?
Those who held......got a real buttrub today.....what can I and Kapt. Lou say...? Ow ah ow oo ah ow aw.....always use lubricant