[Sightwindow]

Originally Posted by Nickt87

My good friends dad sold his oil field service company at the beginning of October for LOTS OF MILLIONS. They said if he would have sold one month later it could have been for a qtr of the price.

While hunting on his personal 4k acre high fence ranch last month I started talking to him about his thoughts about the decline. His comment that hit me the hardest was, "I was charging them erroneous rates, and they were paying it without blinking an eye. My lowest paid employees were making 3xs what they should have been. But as long as they were paying I was charging!"

It's about time the market has had a reality check. How many oil field workers have you heard over the last 10 years talk about "man they send me off for 14 days and I probably work 3 days of that and they pay me $$$$$$$$$$$$!"

Not saying they all were like this, but ALOT of them were/are. I just hope/pray that we all can keep our heads above water for the duration. Including myself.

Well said.