Quote:
Originally Posted by Salty
Yeah, I suspect so.  
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You guys could be right on boat resales given the economy, $4 fuel, etc. - but look around at resales on the YF 24 and the 21. First there are not that many resales and the few that are out there, seem to sell quickly and are priced with much smaller 'discounts' than you might think 'normal' for used rigs. There is a long wait for a new YF and only 4 - 21s built (I know of a guy in Corpus is getting one built now) and a fairly small fleet of 24s out there. So available supply v. demand comes into play to a degree.