My thought is since you didn't provide any information or links for your post we can't take you seriously. My thought is it is a reaction to the downgrade by the Carnegie people in Europe. A translation of the downgrade follows. This too shall pass:
Hilarious but true....
Carnegie downgrades Seadrill for sale from hold with a new target price of NOK 250 per share , down from 275 , according to TDN .
"After a significant repricing of Seadrill we believe current risk / reward has deteriorated for several reasons ," writes Carnegie .
According to brokerage firm Seadrill now traded at a record low dividend yield of eight percent while dividend ratio is at 100 + percent , providing little upside from current levels , type TDN .
The brokerage sees greater uncertainty ultra deepwater market as fleet growth is greater than E & P investment in 2014 . And in the absence of news about NADL Agreement fears the deal may fall in fish.
Carnegie believes the growth rate for ultra deepwater market may hal
Volume was big today and all commodity based stocks got whomped.... I don't see it as part of the downgrade,... I see it as part of people preserving capital till fears the T-party is trying to burn down the house are pushed aside.