NOT or BWK and why?
posted on
Dec 26, 2007 10:51AM
I am a very new investor in NOT (opened a position last Thursday) and now looking at either more NOT or entering a new position in BWK. What I cannot understand is why the stock prices for both have been on the decline since late Oct-early Nov particulary in light of all the hype around this discovery. Yes, perhaps some tax loss selling, but must be very limited given the action of the charts on both companies unless we are talking about some investors who got in at the top and just what out. Not out of the ordinary I guess. Could be margin calls? or just good old fashioned profit taking. Either way can someone please tell me what the risk if for BWK, (ie. could the drill come up empty?) or for that matter NOT. Or is this just a very good buying opportunity for both companies. And if given the chance to buy these companies which one would you focus on and which one is the higher risk.