Are earnings estimates reliable? This is acting like earnings are going to go down.
I wouldn't worry about the current decline. This sector is down accross the board. Look at OIS compared to another hot Oil Services company BJS. It clearly shows the decline is do to market sentiment accross sector. http://finance.yahoo.com/q/ta?t=1y&s=BJS&l=on&z=m&q=l&c=OISThere is a lot of intitutional interest in OIS right now.http://thomson.finance.lycos.com/lycos/iwatch/cgi-bin/iw_ticker?ticker=OIS