Nabors is not risky. It is a solid company that should be around for a long long time. They like others, are just caught up in a media barrage of doom and gloom. Bottom line, rig shut downs. reduced oil production, will only be good for these companies in the long run. Once compression sets in the cycle will return. Again, not risky unless you need the money you are trading sooner than later. my opinion. PS...if it ever gets to $5 or $6, I would mortgage my house and put it all into Nabors from there. Could lose, but think I would be just fine.
my assumption is that the run up was probably due to a scared short/hedge play that needed to cover. Anyone that bought above $11.50 better have been a long and that can wait out the storm. this one is going to last awhile. play the dips and rise as they occur. there will be many. or maybe consider using the money elsewhere on some momentum plays. my opinion
not sure. in my opinion, those shareholders that tried to block the Nabors deal blew it big time. It could have closed in December, but now with the oil segment in turmoil, they could be facing head winds on the deal all together, my opinion. dummies.
no problem. some did pretty well off loading what they bought from $9/10's. best of success to you.
max pain to $20
nice try on the pump. nobody falling for the bad bate this time. let it end already. would hate to see more people drawn in only to be met with the same disappointment and failure in the stock. just like DNDNQ, the science, pipeline or company may continue, but the stock is dead. my opinion
perhaps you should. if you read their financial reports, or maybe even ctrips. you may see that ctrip has a vested interest in HMIN. hope that helps. :)