Replies to post #246 on Nabors Industries LTD. (NBR)

[Djk0689]

Since you need a detail explanation here you go.

Based on the fact that oil is not always in demand we have a window to buy again and wait for demand to go up and sell down the road.

I think anything in the $25 range to $30 range is a good buy.

If you wait for demand to come back then pps would have already went up in anticipation of this demand increase.