I think if a CR could get things done faster, it would be a brilliant idea. However, I also think that they have got rigs they are looking at buying/on order already and its not the money holding them up.
Rigs have high usage current (with the big oil and shale surge) so they are scarce and most renters get big money for lending them, so they dont sell...
I also cannot wait for the next production/accounts quarterly, due next week :)
FDM Price at posting:
$1.44 Sentiment: LT Buy Disclosure: Held