How doe Q2 look. Is it going to be as bad as expect or worse like most are predicting. Them damn sand crabs are f'n us every way they can. Please someone have some good news
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Wtf!!? Are you stupid?!?! Do you think there are good news right now when oil was 100 3 yrs ago and now 50 3 yrs later
Not as bad as Q4-2015 but worse than Q1-2016. Net loss will be higher.
But the scary metrics that Wall Street will be looking at are backlog and cash. This will be the first earnings call when the analysts will begin to really realize the trouble NOV is facing over the next 6 to 18 months if orders don't start coming in real soon. The writing is on the wall and it will be too obvious to ignore and keep wishing for things to magically turn around.