Im going to take advantage of it, because im trying to make some money around here. After an amazing week but a homum day with the dow drop pig and the nasdaq gaining 2. 2 , i want to talk to you about two buy dips. Google and ibm. Now you might think im sticking my neck out, but i am saying im doing is introducing a notion of longterm opportunity. And its not a copout. First off, we know google and ibm both disappointed people last night. We know that because they went down after earnings, its undeniable. And a stock that goes up after a good report is a good stock. And a stock that goes down after a bad report is a bad one. In other words, people were expecting an upside surprise simply got it wrong. In the world of trading, you buy a stock for catalyst. You get the catalyst, you sell no matter what, good or bad. Thats what trading is all about. Thats called discipline. Have you the discipline to recognize you bought something for a trade and it just didnt pan out. But investing is w
Arabian Pipes, a key manufacturer of welded steel pipes for energy sector, has secured a contract from Saudi oil giant Aramco to supply steel pipes for one of its projects in the kingdom. Under this, the company will complete the supply within 6 months.
McDermott, a leading provider of engineering and construction solutions to the energy sector, has awarded a contract worth SR450 million ($120 million) to Saudi-based Arabian Pipes Company for supply of steel pipes for its project work in the region.
Arabian Pipes has announced that it has been awarded a SR155 million ($41.2 million) contract by Saudi oil giant Aramco to supply steel pipes for its key project in the kingdom. Under this, the company will complete the supply of pipes within 15 months.
East Pipes Integrated Company, a leading Saudi manufacturer of helical submerged arc welded (HSAW) pipes, has secured a SR490 million ($130.4 million) deal from Saline Water Conversion Corp to supply steel pipes for a key water transmission project.