Meh, what's a blown up town or two among friends?? Look at it this way--it is an opportunity for you to buy CSX stocks today, the train company that derailed. Out of chaos....opportunity!! You can then sell at a profit next week, and then buy many oil based surfboards to add to your "quiver"!!
Nabors (nbr) is one of the drilling companies. Right now can be time to buy them, as they are all down due to plunging price of oil barrel. But time will come (year or two) that will bring financial rewards to buyers. Patience is the key. BTW, whatever you do, do not tie up needed money in any stock. Money invested in stocks has to be money you are willing to lose, or, that will not hurt you if you do. I am not in love with any stock I buy--a stock is nothing more than a vehicle to earn money. Nothing more.
its just an ugly business.no matter if its in sea,on land,cargo,there will always be accidents,and when accidents happen shyt dies,mostly plants and animals.
Pipeline = people pissed Train = people pissed Offshore drilling = people pissed No gasoline = people pissed
So then, what do we do?? How about PIPELINES!!??!! Now there is an idea!!!! Oh wait, the tree-huggers object as they drive their Mercedes SUVs to go save the whales....... How silly of me....
At the end of yesterdays trading, yes. But had you bought stock at opining bell, it was down a lot more. Today it might shave off some more; only trading will tell, one cannot foretell accurately.
