Posted 11/19/2006. Oil States International was choosen for two reasons. First reason was than an Officer and 2 Directors had purchased 10,000 shares worth $270,860. Secondly the percentage held by institutions went up 5.77% The previous quarter’s average price was $36.66, down 20% (as of the posting date). Dreman Value Management held 299,100 shares worth approximately $18 million..

The price was off 33% from the yearly high and 17% from the yearly low. The one month return since posting OIS was down have a percentage point, since then the stock rebounded 2 months later for a net gain of 14.5%.