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Precision Drilling Corporation T.PD

Sector: Energy | Sub-Sector: Oil & Gas Equipment & Services

Precision Drilling Corp is a provider of contract drilling and completion and production services primarily to oil and natural gas exploration and production companies in Canada, the United States and certain international locations.
Price: $6.01 | Change: $-0.03 | %Change: -0.50%
Volume: 1.8m | Day High/Low: 6.18/5.70 | 52 Week High/Low: 15.65/5.70
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0 stars

RE:DROPPING LIKE CRAZY!!!!!

There is still a lot of resistance in the mid-to-high $5 range. I picked up some there and sold near the close (25 cents profit is not shabby). If WTI doesn't drop much further then the resistance...read more
0 stars

Update for investors

http://www.thestreet.com/story/13026638/1/precision-drilling-pds-stock-closes-down-today-as-oil-prices-decline.html  rate and reply
0 stars

DROPPING LIKE CRAZY!!!!!

Key is to catch it at the right time.. Who will!!!! Buy up  rate and reply
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RE:RE:RE:RE:RE:RE:Wonder who got caught at the highs this time?

A suck day in the markets, but today's move was over done.. I agree $15 might not happen in the near term, but it's short sighted to say 'never' I guess doing research and picking good companies doesn...read more
0 stars

RE:RE:RE:RE:RE:Wonder who got caught at the highs this time?

Shake what tree, this stock is a viral fungus and shareholders will never see their losses back again. Sheep all think this is a mere glitch, thing again. Oil is everywhere now.  rate and reply
0 stars

RE:RE:RE:RE:Wonder who got caught at the highs this time?

Ubervak wrote: ... Could it be MM's trying to shake the tree and trigger stop losses on panic? Seems someone is playing short on this pretty heavily. - Uber Yes and yes. It's hard to see in a 3...read more
5 stars

RBC Research - 2015 Outlook for Oil & Gas Drilling

In RBC's 2015 Outlook for Oil & Gas Drilling they make predictions for the rig count drop of 30%.  US land rig count will drop 30% in 2015 v 2014 with vertical down 60%+ and the Horizontal rig...read more
0 stars

RE:RE:RE:Wonder who got caught at the highs this time?

I guess IMO it's hard to pick a bottom, and from year over year some would call the $6 range a low.. I personally bought @ $6.54 and was happy with a bit of profit, but held and now bag hold. But this...read more
0 stars

RE:RE:Wonder who got caught at the highs this time?

I take deference to your claim that I showed up "after the fact."  I've been calling this stock out for a while now, telling people not to get suckered into the highs, and to accumulate on the big...read more
0 stars

RE:Wonder who got caught at the highs this time?

Thanks for the great insight as to why the drop... No one likes someone who shows up after the fact and says I told you so.. The fact being anything south of $7 is a steal and this will be a $9-10...read more
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Wonder who got caught at the highs this time?

Wow, some people never learn.  Who's buying at the highs now?  How many times do people have to get caught buying high on this stock only to see it magically gap down again.  Dec-2016 CME WTI futures...read more
0 stars

On The CPG Site------Must Read

John Hofmeister attracted national attention in 2010 when he predicted that average U.S. gasoline prices would soar to $5 a gallon in 2012, thanks to rising crude oil prices. His forecast fell short...read more
0 stars

PD price movements are a joke.

Look at CME Dec-2016 crude futures and tell me what you notice?  It's trading near $60/bbl.  Guess what industry can still make money at $60/bbl, and more importantly what industry can still get...read more
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RE:RE:Oil Is Never Going Back To $100

This is rather old but interesting.  Will look for something more current.  rate and reply
3 stars

RE:RE:Oil Is Never Going Back To $100

Totally agree. No reason why oil should be $100 when there is so much supply.  rate and reply
0 stars

RE:Oil Is Never Going Back To $100

Would love to see a global view of where the supply is coming from for the last 3 yrs and how the demand is ebbing...Somehow, for all the huffing and puffing, I have not heard or seen a comprehensive...read more
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RE:RE:Oil Is Never Going Back To $100

"never" ..hmm ..heres some reasons why oil will be back to 100+$ -inflation -world population growth; especially in emerging countries who want oil based products. -peak oil was hit in 2008, look it...read more
0 stars

RE:Oil Is Never Going Back To $100

At the end of last century some were predicting oil might never see 20 again  rate and reply
0 stars

eia - Drilling Productivity Report

Really good region by region on rig counts and production.  In particular you'll note a consistant trend of production going up faster than rig counts. I think this has to do with the type of well and...read more
0 stars

RE:RE:Oil Is Never Going Back To $100

I remember a time not to long ago when people were stating that oil would never drop down to $60/bbl and the days of cheap oil were extinct, yet here we stand.  Makes you think doesn't it.  Opinions...read more