Recent

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

SeaDrill Limited Message Board

  • humbadumjunjin humbadumjunjin Mar 16, 2014 10:22 PM Flag

    Think Twice Before Buying SDRL

    I have sold off 2K of my personnel shares of SDRL I am also the CIO for the NH Cancer fund and we still hold a good chunk of shares in our endowment, our advisers are giving us a "very very cautious hold" don't know if i an happy with the Co. looking forward and will probably dilute our holding, only because there are so many other safe havens out there with capital appreciation as well as the dividend. But having said that I wish you all the best if you continue to go long.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • That's how you do it Buy high, sell low and miss the little 11% dividend (which is quite secure by the way). You won't have much left if you get scared out at a bottom.

    • Well it is easy to say anything when anonymous. There is a difference between personal and personnel. With that aside my "advisors" say otherwise. Big oil has no choice but to drill deeper and deeper to replace their reserves. The slowdown at the moment I suspect is more of a supply issue. But make no mistake they will need to continue. You are getting a tremendous yield mainly because of the sell off. So take advantage. This is the time when you should buying not selling.

    • Nice sell at 37. Great to see someone who posts his trades and the prices when he does them....
      Very rare on a message board. I always do the same as without that it's pure nonsense BS...

 
SDRL
11.39-0.26(-2.23%)Apr 24 4:02 PMEDT