Carl realizes too much irreparable damage has been done by the RIG management team he had hoped to oust.
Now with the fundamentals in trouble he will/has bailed and moved on. RIG should bottom around $28 is my guess. And divi gets slashed or wiped out altogether. All assuming the stacked rig theory is true.
I bet he is wishing he never pulled the trigger and bought RIG. He is probably thinking he bit off more than he could chew. He is at least 15% in the hole on the stock and by the looks of it, will be in lots deeper in the hole.