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Does anyone think that TDW @<$30 is a good buy?
They have little debt, market dominance, ...
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I agree - it also has a decent yield. Seems to me like a safer play on recovery in energy prices than most. Disclosure - I'm long TDW, also NBR, BJS and others. Take a look also at PDS, which is a land-based driller.
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I think it is a good buy at this price. In fact last Thurs. I bought @ 29.20

The reasons I like it. 1) There is a dividend. 2) Very little debt. 3)No 1 in sales for thier sector. 4) Intrinsic value is 5 times thier current value. 5) Selling at nearly a 50% discount off thier 1 yr high.

I think in 2 months (counting calls sold) I'll have a 30% return on my investment.

It's one of several that meet the requirements that have consistently made money for me.

Good luck.
KevinB
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