National Oilwell Varco declares $0.05 dividend ??? why ?
I want my nickel. No dividend cut please.
NOV Stock 3 easy steps.
Step 1: Sell NOV at $44
Step 2: Buy back at $40
Step 3: Cut wrists at $21
5 replies (most recent on top)
When you can’t deliver on time, when you deliver late & the customer still has problems what do you expect. The people that are the problem never face the consequences. They kiss you know what & keep their jobs. NOV is a cluster you know what, now & forever as long as the ones responsible stay!
Don’t you guys realize the whole industry is in the trash can, you are almost as deluded as Napoleon Dynamite and his band of merry men.
It’s down 20% from 2 or 3 weeks ago. It will go up after the layoffs temporarily, then go back down.
If you factor in inflation it makes it even worse. This is worse than 2015 by along way!
In addition to hitting a new 14 year low, simply...VARCO at its best.
#embarrassing #3stooges #bringbackPete