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Opinion on  Parker Drilling Company (PKD)     Sector: Energy  >  Industry: Oil Well Services & Equipment
UnderValued

Mar 06, 2008 11:16 PM GMT
Return Risk
+38.30% MID
Analyst

strong company, strong sector.   very undervalued due to a increase in costs they experienced from a joint venture.  Once company recovers and cuts costs in the terrible oil barge endeavour, this stick is goin up!

PKD:  This call was made on 03/06/08 @ $5.98
Rating:   Positive   $5.98 (03/06/08)
Closed:   03/27/2008 @ $6.66 (+11.37% in 21 days)
Target:   $7.10 (+18.73%) in Three months


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igotwoods   63%     1 point   commented 723 days ago reply

yea its up again, rallying up with energy sector.. new bottom looks to be around 6.00 range. went as low as 5.60 last week so its a good buy anywhere in this range. Company just closed a big tax case which was looming over thier head

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