Filed under: Top Picks 2007, Canada, Chasing Value, Oil, DJIA, Stocks to Buy, Best Stocks for 2008, Precision Drilling TR (PDS)

The Dow Jones Industrial Average is down about 150 points as I peck away on my laptop. I was looking to see what stocks were holding up on a down day, and sure enough one of my favorites showed up — Precision Drilling Services TR (NYSE: PDS), a stock I recommended two months ago.

I apologize if I seem like a cheerleader, or a play-by-play announcer, but it was only two weeks ago that I posted on what were already strong gains, and this one keeps going up (even though its business is to drill down…). From my original December recommendation at $15.47 per share, PDS has moved up to $22.61 by midday today and climbing, for a 46% gain. This is when the Dow industrials are down almost 7%.

Continue reading Chasing Value: Precision Drilling up 46% since December

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This entry was posted on Friday, February 29th, 2008 at 1:36 am and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.