iBankCoin

System Trading with Woodshedder

Woodshedder
Joined Nov 11, 2007
1,458 Blog Posts

NOV, DO; Cheap and Oversold

Woodshedder Wed Apr 30, 2008 11:26pm EST 1 Comment

NOV

Both these stocks are cheap, with PEGs near .35, and have pulled back to support. [[NOV]] released earnings today.

UPDATE 2-National Oilwell Varco 1st-qtr profit up 44 pct.

DO

[[DO]] may have completed a very pretty pullback. Diamond Offshore reported earnings yesterday. Here is the transcript from their conference call: Diamond Offshore Drilling, Inc. Q1 2008 Earnings Call Transcript.

Both stocks closed up in the after-hours market.

If you enjoy the content at iBankCoin, please follow us on Twitter

One comment

  1. Employee8
    Employee8
    May 1, 2008 at 1:14 am

    I almost bot DO today around 123 then the market started selling off …. decided to hold off and wait for 120. It seem to open first thing on the down side and you can scalp a point or two off the previous close but she bounces back quickly.

    • 0
    • 0
    • 0 Deem this to be "Fake News"

© Copyright 2007-2024 iBankCoin All rights reserved under penalty of bodily harm. DISCLAIMER: This is a personal web site, reflecting the opinions of its author(s). It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities. DATA INFORMATION IS PROVIDED TO THE USERS "AS IS." NEITHER iBankCoin, NOR ITS AFFILIATES, NOR ANY THIRD PARTY DATA PROVIDER MAKE ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND REGARDING THE DATA INFORMATION, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. Privacy Policy