Buyout maybe? But When? Profitability, but when? Dead money? Looks like it'll be dead for a long time to come. Tax loss sale...looks like that's where it is deservedly headed...? Anybody got anything positive to say?
What a worthless do-nothing stock/company this has been. Target raised to $19 ...eh? What about those who bought several years ago at $30? Why would it be upgraded on the basis of a $2 target? It doesn't deserve a neutral rating. The best possible scenario would be for it to be bought out. But who would ever want it? With all the domestic NG shale plays going on, NBR still couldn't manage to do anything. This is a poorly run company with no prospects for improvement.