I think there are way too many people in here who go for the big 10% dividend and ignore the risk: BIG DEBT. If the cash flow of this operation slows down the dividend will drop like (your favorite metaphor).
Interesting to read the volume of concerned longs now..When I posted months ago that $36 was a 'brick wall' for SDRL and the div might not be secure, obnoxious, insulting comments flew like I had questioned JF's manhood. I've owned this dog performer longer than 75% of you so called experts and again I reiterate that div doen's mean sh.t when the stock price tanks and/or languishes - As is plainly the case now for months. Are you 'geniuses getting a bit concerned' ?