In the oil services companies that he likes, this is one that he has always liked, particularly the way they have managed their business and their balance sheets. Price-to-book at these levels is below 1. He would rather wait for the quarterly report before making a decision. It could possibly fall below the $6 level.
In the oil services companies that he likes, this is one that he has always liked, particularly the way they have managed their business and their balance sheets. Price-to-book at these levels is below 1. He would rather wait for the quarterly report before making a decision. It could possibly fall below the $6 level.