Welcome To My Trading Blog

Opinions expressed should not be construed as an offer or a solicitation to purchase or sell any securities. Independent advice should be sought.

Friday, August 22, 2008

Swiber

Again my interest in the counter ignited, just at evening swiber announce.

SWIBER JOINS HANDS WITH RAWABI HOLDING OF SAUDI ARABIA TO EXPAND OFFSHORE BUSINESS IN GULF COOPERATION COUNTRIES.

Another reason is Crude oil advanced more than $6 after the signing yesterday of a missile-shield agreement between the U.S. and Poland bolstered concern that Russia may disrupt the flow of oil.

Will observe swiber during opening. Most likely even if STI is down swiber will still move.

No comments: