Divy solid for at least 2 yrs, contracts in place....11%! Even DO, NE and ESV up 1.5%and their rigs older. Strong hands pushing weak out. Patience and liquidity wins this one..
weak hands there are aplenty...over past 5 years SDRL has outperformed sector over 200%...old hands are taking profits still, that's why SDRL up today only .25% and sector up over 1%...BUT, IT'S STARTING TO LOOK LIKE THE LOW IS 30 OR ABOVE...GLTA
It is a weasel deal. That was from Norway direct. They are loading up at our expense.