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re: Thoughts on RIG?
Posted on 2/1/15 at 7:23 pm to Hoyt
Posted on 2/1/15 at 7:23 pm to Hoyt
They say to be greedy when everyone is fearful and that it is darkest just before sunrise, but man it's a tough outlook for drillers right now.
They will need a ~50% increase in oil prices before drilling budgets get expanded.
They will need a ~50% increase in oil prices before drilling budgets get expanded.
Posted on 2/1/15 at 7:24 pm to TheHiddenFlask
Kind of what I was thinking... Just looking for confirmation... Blood in the streets so to speak and I'm tempted
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