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Varco International, Inc. (VRC) Message Board

  • hoodsie99 hoodsie99 Mar 15, 2001 9:50 PM Flag

    VRC stock swings and insiders

    I've been in and out of VRC since 2/99...I'm
    beginning to learn and agree that this is a very late cycle mover....the company has divisions that pick up with activity in the patch but the high margin winners come late with the pickup in new rig orders....the two
    recent contracts are a heartening sign...the
    merger created a reason for some insiders to take profits on options when the time was right....also most stocks in the patch move up on the optimistic news but those laggard in earnings growth slip back more...VRC is getting
    tradeable in my mind but don't miss the boat when deepwater starts cookin!!!