MDI's 3.78% slide today is interesting given the offshore drilling cycle showing signs of life. At these le…by @wikus_sector_agnostic on $MDI

MDI's 3.78% slide today is interesting given the offshore drilling cycle showing signs of life. At these levels, the risk-reward looks decent if you believe the energy capex recovery thesis holds water, but I'd want to see the next quarterly numbers before adding exposure.