Fri, Sep 19, 2014, 4:03 AM EDT - U.S. Markets open in 5 hrs 27 mins


% | $
Quotes you view appear here for quick access.

North Atlantic Drilling Limited Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • divisgood divisgood Nov 26, 2012 12:09 PM Flag

    So NATDF can't be traded for a long while in the U.S...?

    If the stk cannot be traded, why is it down .05 today?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Divisgood: I don't claim for a second to know all the technical underpinnings of all this, but by way of example, why don't you try the following: Enter an NATDF limit buy order with your U.S. brokerage. Use a safe/harmless number (1 share, for $1/share). Watch as your order gets instantly rejected after you "confirm" and try to put it through, with some sort of error message about an invalid symbol...

      Bobdbeck: Yeah, spoke to the Global desk a couple times (last week). I think for you, the trick was that you bought it before the 5-to-1 reverse split was initiated. Now that the split has happened, supposedly new (U.S.) trades are restricted for a while. Maybe for grins, try the reverse of what I described above: sell 1 share, limit price of $100, and see if the open order is allowed.

      On a separate note.. After listening to the SDRL conf call today, I was a little disappointed with what they had to say any time North Atlantic Drilling was mentioned. They had a couple opportunities to "give us a reason to believe" including an underhanded pitch from a concerned buyer who was worried that SDLP was getting priority on rigs over North Atlantic Drilling.. Personally, I would have liked to hear better re-assurance from management that NADL/NATDF isn't going to be the low-man on the totem pole, or some positive spin with more details for their growth plans.

      Who knows, maybe they are saving a piece of news to coincide with the announcement re: the NYSE listing occurring.

8.04-0.16(-1.95%)Sep 18 10:22 AMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Oracle Corporation
NYSEThu, Sep 18, 2014 4:04 PM EDT
Concur Technologies, Inc.
NasdaqGSThu, Sep 18, 2014 4:00 PM EDT
Rite Aid Corporation
NYSEThu, Sep 18, 2014 4:02 PM EDT