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Noble Corporation plc Message Board

  • my2bits44 my2bits44 May 3, 2013 11:14 AM Flag

    crazy day

    market melting up, sold my ESV today, still have my NE but will probably unload that also at some point, good luck to all

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    • There are so few investing alternatives that even fairly tepid "good news" (like a jobs figure that barely treads water with natural population growth) send the market to new highs.

      I am not playing this terribly well, settling for a percent a month by selling puts at 35. That approach leaves you pretty far behind when the market decides a 165k jobs figure is a reason to par-tay. I'd guess you guys who are trading the sawtooth NE action over the past half year are doing a lot better.

      Sold my PACD, out of NE and ESV except for some puts. At the moment, NOV's combination of no debt, high cash and comparable PE and PEG numbers with the drillers has me putting some money there.

11.95-0.44(-3.55%)Jul 31 4:03 PMEDT