Apparently I clicked on the wrong link again... thought I was in the PWE message board to learn others' educated opinions on how this stock may act in the coming months... and NOT listen to political driven from either end of the spectrum. Why do you insist on providing your political commentary here in a stock message board? Can we just not concentrate on PWE and the oil market in general?
MDB, why are you complaining so much about the Saudis holding down the price of oil? Personally, I think it is great. Gives the global driving public a discount on their fuel purchases, including our military (which has one heckova monthly oil bill). And, with the Saudi's drawing down the financial reserves, this will reduce their financial clout for quite a while. And, this hurts Russia and Putin (as well as Venezuela, Iran, etc) even more. Russia is drawing down its financial reserves greatly, which weakens Putin politically at home, and reigns him in internationally - eventually). And, with the price of oil down, we can all make money on the refiners for now, and clean up on the survivors (hopefully one of them being PWW, which I am losing my #$%$ on at the moment) in the drilling and equipment sectors later!
While this is a very interesting discussion, and topic (although you did miss other key points such as Wall Street re-packaging loans that were high risk into bundles to hide this from investors, and the wide-scale fraud perpetrated by mortgage companies so they could sell these #$%$ loans to Wall Street, which simply made a profit by re-packaging them and not holding them... and having the real estate and home builders lobby Dem's and Repub's to extend more loans to lower income buyers to grease the market even more...), not sure what this means for PWE investors.