Board members...LINE is up 10.7% YTD and SDRL is up 22% YTD (Total Returns for both), plus SDRL is paying $1.70 a share in dividends this December...
My leading gainers in 2012 are SFL, TWO, SDRL, MTGE and PETDX and in that order...at this time it looks like I will finish the year with a portfolio gain of about 22% (and there you have it)...! $tagg...!
This is amusing. Simple fact is if you buy Seadrill today you are paying twice the price for each rig rather than buying a corp structure competitor. Seadrill maybe a great but all rational people know it is not twice as good.
Valuation matters. Facts are facts that emotion based opinions do not change.