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SeaDrill Limited Message Board

  • depakchopra depakchopra Dec 28, 2012 11:08 AM Flag

    It is not time to buy, be patient...

    Stocks are on sale right now, but better price points are coming. This was and is predictable. Good luck!

    Sentiment: Hold

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    • I don't understand why people are so impatient when it comes to investing. I'm starting to think we may see $33 to $34. We will more than likely have a bad quarterly report next week, we have no dividend to look forward too and the market looks like it is finally beginning a correction. Ontop of that we have been preforming poorly. The entire industry has been hitting 52 week highs in the last couple of weeks (ESV, RIG, DO) and we've been floundering. For the first time, I am not sure what to do. And the last 3 months, I have only advocated not to add to your positions. I don't think I'm going to sell my holdings, but this is getting tough to watch.

2.49+0.18(+7.79%)Sep 29 4:01 PMEDT