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Rowan Companies plc Message Board

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  • MRBONE2000 MRBONE2000 May 21, 1999 8:42 PM Flag

    BP Am--& contract

    I'm surprised. Don't you see more upside to this security?

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    • wish I had simply kept it---with my buy-in at
      9...
      but---
      when one reads TOO much and doesn't have faith in
      their convictions---
      Think RDC has some more
      upside--but only when RDC makes the news on its own--oil
      prices may have taken this stock to its limit---now RDC
      needs NEWS...
      peace
      banjo

      • 2 Replies to BanjoJ
      • SSB upgraded most of the drillers this morning. I am not sure if RDC was specifically mentioned, but we should see a sector rally.

        Craig.

      • I know what you mean. Been there and done that on
        other securities.

        If it makes you feel any
        better, it was by reading some of your posts thatI became
        aware of RDC and did my DD. I like to check out
        distressed industries and that is what attracted me in the
        1st place to the OS stocks.

        I agree with you
        that RDC needs to be propelled by news now. Someone a
        few posts earlier said not to fall in love with a
        stock, but with Palmer running the show and agreeing to
        run for the board another 3 years, I have a gut
        feeling that this baby has staying power and is posed for
        further gains over the next year.

        With the
        technology sector getting hit hard, don't be surprised if we
        have some institutional buying coming into what may
        still be perceived as a contrarian play by some.
        JMHO.

        Take care.

 
RDC
17.41-0.65(-3.60%)Mar 27 4:03 PMEDT