Carl ICahn is #$%$..
Everyone should do their own DD but Icahn's history is far from a kiss of death.
Follow his track record, speaks very well.
He will own about 5% of RIG in the end and is buying at continued higher prices. What does he see that others do not in RIG's potential?
We will have a pullback....heck if I know when but I am sure many shorts on the board will all have shorted from whatever high point was recent, prior to the decline. Myself, long and strong on RIG.
Sentiment: Strong Buy