Nyn, as a Geo your statement of "..to suggest that all drilling companies, large or small, can do exactly what BLY can do is silly, especially after I spent months researching this company" makes me laugh.
The best companies I have hired are the smaller operators, hands down!!
It's in their culture and experience that wins every time. After all, the rigs, the pipe, and the consumables are all the same, but their overheads are less and their operating systems less restrictive.
Your opinion is wrong, and many of my colleges would only touch BLY if they absolutely have too. They are certainly not the first choice for many. They may be the biggest by individual rig count, but there are far more rigs owned by private companies than BLY.
BLY is the industry class dunce; keep believing their propaganda Nyn, hell go all in if you think its that great and your research is so solid. Where has that opinion got the Longs so far.
LOL..." I went as far as finding out to whom he is married to." What on earth has that got to do with current investment in this industry? Who cares.
BLY = Long and Wrong. Trade it but don't fall in love with it until after it reinvents itself.
How big will this loss be? Why aren't they updating the market as they have done in the past?
BLY Price at posting:
27.5¢ Sentiment: Sell Disclosure: Not Held
