Smart, smart and really smart!
MDR is deeply undervalued. This won't remain the case for long.
As for ALDW, I forked over $9.26 today for the hundred units I've been wanting. So now I hold 5,000 units at a cost basis of $10.15.
No way to tell just when ALDW or MDR will go ballistic but I'm convinced the day is going to come, possibly soon. When people wake up to the fact that there are corrective balancers in the market, they will be streaming into these picks. Rigs now idled will resume activity once again, supply gluts will slowly vanish and the price of oil will continue to rise.
This will happen!
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