Does anyone else agree with me that SLB & PCU look like a great buying oppurtunity at the moment. PKX may look like a short, but im not too optomistic about that.
Schlumberger second-quarter profit up, outlook bullish July 18, 2008 12: NEW YORK (AP) - Shares of Schlumberger Ltd. jumped Friday after the oilfield services provider said its second-quarter profit rose 13 percent and issued a bullish outlook. Analysts praised the results. The stock rose $4.72, or 4.9 percent, to $101.50 in late-morning trading. The Houston-based company said high oil and natural gas prices led to heavier spending among customers to find more fossil fuels, and that it expects oil producer spending to remain brisk. Profit jumped to $1.16 per share, above the $1.12 per share analysts polled by Thomson Financial expected, on average. "While most investors were likely expecting a positive outlook from Schlumberger, we think that few expected a meaningful earnings beat," Goldman Sachs analyst Charles http://news.moneycentral.msn.com/ticker/article.aspx?Feed=AP&Date=20080718&ID=8912506&Symbol=SLB http://news.moneycentral.msn.com/ticker/article.aspx?Feed=OBR&Date=20080718&ID=8911711&Symbol=SLB