Replies to post #29707 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[stockmafia1]

I say good point

I am from oklahoma i work for a drilling rig moving company if you or anyone else need the name and pictures to verify id be happy to provide them that said we went from full throttle moving rig after rig then it was full throttle stacking rig after rig and now today we are lucky if we move one thats right one rig every 2 weeks and the company is maybe the number one rig mover in the state and north texas the last few rigs we moved went to Louisiana i am also very close to Haliburtons duncan yard many of my friends were laid off last month and there expecting a big layoff in march which ive been told from some high up folks that there fracing contracts for 90% of there jobs in oklahoma expire so im just wondering myself how this will impact some of the supply cut backs