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I wish it was that easy, tech goes up oil goes down, vice versa. Or what about the days they both went down or even when they both went up. What to make of that, not much.

Tidewater will have the same bumps up and down for the most part as the rest of the oil service stocks. Oil prices are what drive the price for the long haul. Sustain the current price levels per barrel for several more months, then companies start gettting contracts (drilling, exploration, etc..) business picks up for TDW because they will service these drilling exploration companies. This is a terrible simplified explanation, they do a better job on the Oil Services board but the price of oil is what matters the most.

What will keep the price of oil up? Many factors, OPEC compliance with cutbacks probably the biggie though.

ANyways, we have a long way to go. Tidewater is a good company and the dividend makes the slow/down times easier to deal with.


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