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SeaDrill Limited Message Board

  • audiophul audiophul Apr 29, 2013 12:10 PM Flag

    Wonder how high this dividend run takes it this time around?

    Any of you Technical Witch Doctor types have a thought about the share price peak to sell into?

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    • robin0635 Apr 30, 2013 8:48 PM Flag

      audiophul: Here's a simplistic reply to one who so obviously disparages technicals... Draw a simple line from the highs of April 25th across each succeeding high to April 30th; draw another line from the lows of April 25th to the lows of April 30th... Now you are forming a triangle - Carry it forward until the 2 points intersect on your graph - that point, is your technical answer... And, as you previously posted, you "could do that yourself" and not have a "shlum on the board give you the answer"... So, after 'spending a few minutes', you arrive at that point where you have answered your own question...By doing it yourself, 'you should now have a heightened sense of achievement' -- (On another day I may even show you the 'witch doctor alchemy' for bollinger bands, RSI's, 5/50/200 day sma's, flag patterns, double and triple tops/bottoms, and when you become more proficient, even plotting trendlines, too!!!) - Not being negative here, just 'gentle prodding' ('with a humorous slant') as you previously posted me...
      Regardless, have a nice day, and GLTA

      • 1 Reply to robin0635
      • robin0635 Apr 30, 2013 9:06 PM Flag

        audiophul: When you complete step #1 above, drop me a post, and I'll show you how to extrapolate the cost basis of the stock, (of course, within the relative mean distribution of shares outstanding (+/- .01)), and then we'll apply its applicable dividend/distribution rate, to arrive at a projective price peak...

1.67+0.04(+2.45%)Feb 12 4:01 PMEST