Time to Pull the Trigger on Four Oil Service Stocks

As a Value Investor, I routinely find myself stepping in front of "Moving Trains" to buy beaten up stocks. Sometimes when you do this, you get run over and end up catching a "Falling Knife". Other times, you find yourself at the beginning of a "Hockey Stick curve climb" (sorry, Canadians have to refer to Hockey once in a while!)

With the incredible fall of the price of oil recently, many oil services stocks have been dragged down considerably. Some of the observed drop in these stocks might not be fully warranted, though. Although their clients (namely the Large Oil Companies and Nationalized Oil Programs) may receive less money for their barrel of oil today than earlier in 2008, the fact that oil prices are still over $100/barrel means that there shouldn't be any significant impact on the search for new oil production. As well, many of the oil services compan