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Pacific Drilling S.A. Message Board

  • jackmaster20 jackmaster20 Sep 27, 2013 9:06 PM Flag

    straw vs the chaff.....?

    compare PACD VTG ORIG RIG and SDRL stock price action over the past 5 days or 30 days........

    Looks to me there is an clear difference between PACD and the "rest" of the firms with an active
    UDW drilling business, based on newer drill-ships.

    Is the market rewarding an already high multiple stock with a higher price as PACD delivers
    both financial and operational good news ? I would say "yes" !

    If PACD announces a new drill-ship lease contract over the next few quarters....I think the stock
    goes and sustains a new, higher level of price appreciation over the next 6 to 12 months.

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    • Recent price action certainly says something positive but not sure exactly what. New contract? Takeover? Love the action but the volume has been relatively light. The Board additions might be saying something about future corporate direction as well. Obviously, somebody likes the stock big time. Don't argue. Enjoy the ride.

      Sentiment: Buy

 
PACD
4.200.00(0.00%)May 22 4:02 PMEDT