Replies to post #184 on Nabors Industries LTD. (NBR)

[John Utah]

I assume it's due to Balyasny asset management which was #6 shareholder. They are dumping to accommodate client withdrawals.

"Dmitry Balyasny is cutting at least 125 people from his hedge fund firm, about one-fifth of the total, as losses and client withdrawals erased $4 billion in assets."