Alot of inventory going on and hearing rumors of BHI Bankruptcy. Anyone else hearing this?
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Hope they lose their crooked ass BLM
wont surprise me if BH does go under. No jobs coming up for pressure pump remaining. I have been told the reasons they can't get customers is because nobody wants them working for them until after the Haliburton merger deadline is over. I think BH employees wont know much until at least the first to second week in May, maybe June. I would personally consider looking for a new job, if something good pops up don't pass it up, waiting for work to pick up.
Thick curry with a lot of masala.
HAL delays earnings call until May 3rd to accommodate April 30th deal deadline. The plot thickens.
That's 9 % owned by ValueAct. Folks need to stop trumpeting this BHI bankruptcy rubbish any time soon. A couple of billion in cash and a week away from having HAL on the hook for 3.5 billion more. Though since ValueAct wants the deal to go through they may exert a lot of pressure on BHI to not pull the plug next week. I think ValueAct has made a serious miscalculation to get itself so entangled in this doomed deal.
Baker will be tits up middle of Q3.
Yes. BH has a new owner. Valuact Capital, based in the British Virgin Islands, now owns 8.4% oh BHI. Don't forget to vote against Craighead as a board member on your proxy.