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Tri-Tech Holding Inc. Message Board

gunterbrox 1 post  |  Last Activity: Dec 4, 2014 7:25 PM Member since: Apr 19, 2007
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  • gunterbrox gunterbrox Dec 4, 2014 7:25 PM Flag

    Don't give up. A few years ago Huntsman Chemical was in a similar situation. A once $ 28 stock went down into the 3's. I bought all I could and sold on the way up. Give it another month before SDRL bottoms out at around $ 10 and then begin buying. You will get a better return than on your savings account in a few years. Seadrill was very agressive but I do not believe they will go under. This weakness in oil is just a Wallstreet play to bring Putin down. On the one hand we are told that oil is a non -renewable resource and now we are being told that we have too much of it. Makes nop sense.

    When the next oil shortage hits oil will go to $ 150/barrel

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