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OIL SERVICES
posted by pcaden on 1 months ago
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Good analysis, pcaden, but I would try to refrain from ever using "inconveniant truth" and
"proof" in the same sentence haha... j/k

Can this asset class ever go down? IF GSF is right on their call that rates will go to
500,000$/day (compared to 250k or 350k), and that the oil in the future will be found
easier in deeper water (especailly colder waters in the northern seas because hurricanes
don't hit colder water, they grow in hot water like the Gulf of Mexico - see Al Gore, An
Inconveniant Truth for proof), why is GSF only trading 16x earnings? This stock should be
near 18x or 20x at least ! They drill in the northern seas and have collected insurance
on the damage from Katrina, what is the issue!!!!

I am so bullish on GSF that I would borrow every penny I can and steal the rest from my
mom's purse to buy this stock over and over on every small dip !

BUY BUY BUY !!!!

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