Stories of Life.
I did a Google search on water based drill bit fluids. Two companies seem to be state-of-the-art in this field, Baker-Hughes (BHI) and Newpark Resources (NR). BHI has a $26B market cap.NR has a $535MM market cap.NR it is.A
Hey Allan,I fact checked NR's history of insider buys against the claims made by the Stansberry piece you posted. Here's what I found:1. NR has had two directors buy some 80,000 shares for $653 since May of 2005. 2. NR had one director and the CFO SELL some $463 worth of shares. Of all the i-buys, the CFO's sales were the most recent.Jon
Jon, you and I are on the same page here, as I also was unable to verify the Insider buying claims....but the play here isn't insider-buying, it's how effective Stansberry is in getting the story out. We've seen some effective pumping in the past, so it's worth a shot here.A
I figured that's what your thinking was. Just thought I'd share what I'd found out. How do these newsletter plays usually work? Is there some kind of "unveiling" -- a press release or something -- that triggers a wider spike or does or is it more of gradual thing as people read the newsletter?As always, thx for your insights.Jon
Newpark's OGS Labs is doing a phased name change to be be completed by year-end: Newpark Drilling Fluids LLC. The announcement of the change is at http://www.newparkdf.com/news.php3?id=18The deepwater drilling brochure can be found at http://www.newparkdrillingfluids.com/deepdrillbrochure2.pdf
Does anyone know anything about drilling Uranium?
The area 181 company is Newpark Resources (NR)
I'm playing, in at 5.85
anyone know which is the stansbarry reccomendation for a "Utah-based" oilshale play, "new drilling process", $10/barrel cost of extraction, Piceance basin in Colorado?
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