HAL: What's going on?

Discussion in 'Stocks' started by garchbrooks, Apr 29, 2010.

  1. Why is this thing selling off like crazy?
     
  2. I guess the news on KBR => someone in the sector just wants out of these stocks.
     
  3. Shorted that thing for a small scalp, but got out quickly. Just wanted to recoup the loss on a spread bet. Someone is selling this thing with a vengeance.
     
  4. the Oil spill and the govts news to it...go to www.cnn.com
     
  5. Why HAL, though? I don't see a ticker reference.
     
  6. because this is their industry...read here about HAL...from google finance...

    "Halliburton Company provides a variety of services and products to customers in the energy industry related to the exploration, development, and production of oil and natural gas. The Company serves oil and natural gas companies throughout the world and operates under two segments: the Completion and Production segment, and the Drilling and Evaluation segment. It conducts business worldwide in approximately 70 countries. The business operations of its divisions are organized in four primary geographic regions: North America, Latin America, Europe/Africa/CIS, and Middle East/Asia."