That was unexpected, even though it was sort of hoped for before the ER.
Take my eyes off, and look what happens (pleasantly!)
I'm not sure this is a good idea. I'd like to see the company reduce down its debt and just become stronger! The SP would fly!
Wow! Return funds to stock holders and the SP falls.
Only NBR could manage that.
Sell the company and the stock would still fall
WHat's the chance this POS will close higher that 5% of Wednesday's closing SP?
Remember...this is NBR! It could declare ok-ish revenues, have it added to a convction buy list by a major investment bank and divest property to pay down debt.....but the stock still tanks 10%!
The ever hopeful