NOV inc is a perfect example of how a fool (namely it's share holders) and their money are easily parted.
The company does not need to make a profit because the share holders sustain it's survival within the market.
For every employees sake prey the share holders dont crystallize their losses and collectively sell!
Without the shareholders NOV inc is 'TOAST'.
However if the illustrious NOV management can somehow make NOV ultra efficient then NOV inc may be in the black for a change and could easily reward its most important ASSETTS (the workFORCE) with a payrise that offsets the 'Cost of living Crisis'
Simples.
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