Discussion in 'Stocks' started by iceman1, Mar 22, 2012.

  1. I must have lost brain cells in the past 20 years. Maybe I don't get the market; maybe I never did.

    Why is SLB continually moving sharply lower when the broad markets have been moving higher all Q1; and more importantly oil prices and gas prices have been higher.

    Any serious comments appreciated...
  2. My first post on ET,

    My 2c in the matter:

    1) Pressure from competitions (like Halliburton)

    2) Political risk (operating in 85 countries)

    3) Low returns (due to high expenses)

    #1 is probably most relevance. It's hard to stay on top...