You are pathetic cockryder. The analysts are rarely right. You can see companies that have gone out of business and their targets are still $12. So far the worthless puts I own are about a 12 bagger so it would take a HUGE run for that EVER to happen and I always set an 8% downside movement to sell. So you just hang on there buddy and watch your $6.24 reinvestment turn to a nickle. Some here have it much worse, they are still holding on to a $37 investment, but you will all end up in the SAME PLACE (and that isn't rich).
DO you know their CEO had to try and explain to Congress why he raised the price of a drug and he took the 5th. Do you even know what that is? In Brazil they probably use a waterboard.
Oil is up almost two bucks and SDRL is only up 2 cents? It was up almost 10 cents at the open and now it's slip slidin' away. Well oil is still at $28 a barrel and with contracts being lost and more and more drill ships looking for day work and capX being cut, I guess the market is realizing that this is not going to have a happy ending for SDRL.
When will the reorg happen? JF must be having a hard time negotiating with the bankers! Speaking of which, has anybody noticed the European bank group? Their stocks are being hit almost as hard as the oil industry. Their losses have even started to affect US banks. Maybe jaci is right. "The world is ending".
Everybody in these two groups are being affected.
Stay away from anything oil and now anything banks. Even the regional banks are being affected by interest rates falling and the Fed being forced to take another look at raising rates more this year. It might just turn out being a one and done, instead of the 4 rate hikes the Fed had originally conceived.
$300K is nothing to brag about IVO, and certainly not enough to retire on in the U.S. if you meant $300M by the 3 + then you are doing better than me. I could have retired earlier than I did (55) but I needed to work that long to get my full pension and healthcare for life.
There is always somebody doing better. I went on a plane ride with an old friend in his private jet. It costs more than I would ever want to pay just to maintain it. Bill Gates has a heated driveway that is a half mile long so he doesn't have to worry about getting snowed in when he goes skiing in Aspen.
There are many different ways to look at wealth, but trying to brag here is about as pointless as arguing with the player. Try giving it a break. It makes you both look bad.
Want to bet? Cockryder, you are such a sad loser...Wrong AGAIN and AGAIN! How much have you lost now? You should have kept that $6 instead of putting it right back in. It is now in a death spiral.
Capitulation will have to be a forced capitulation with a 1 for 10 (or maybe 1 for 20) RSS and then a secondary that leaves you with a nickle just like JF did with NADL. That will be the next capitulation. Many of the longs here (like shortsheet) have been holding on since $37. If someone rode this horse that far how can they allow themselves to give up now? Just bad investing. I set a target for a stock on the low side and for the high side. Once I reach EITHER of those targets I sell it. They have no way out except to pray for SOMETHING, ANYTHING to happen.
You'd do better buying lotto tickets than with a less than a penny stock. Just checking to see how your other investments are doing, other than SDRL, which is still tanking. Less than a bottle of $2 Chuck now. Maybe it's time for you to buy back in?
Here's a novel idea IVO, why don't you go post it on their board? We really don't give a #$%$ here.
Agreed, nice quote, probably not well received by this board of losers who just keep falling down this hole in the ocean floor that JF drilled for them. Soon this well will be capped and abandoned.
Yep, I'm red today too. Yesterday was a good day, but today is wiping that out. Hopefully Janet will get her head out of her whatever today. Obama won't call her and have a chat, HE WANTS TO DESTROY AMERICA!
Here's one where you called the bottom and Debbie and I tried to talk you out of that one too (December 2014. I was just looking for people calling the bottom. Over 800 posts.
debbie08730 • Dec 8, 2014 3:17 PM
don't you get it, did you not read Cops news this morning? even if they get a contract they won't be getting anything that is premium in the 650,000, if any it will be around 300,000 or less. A lot of debt comes due in 2015, they also missed earnings this past quarter, the full effect of the oil mess has not even be accounted for in SDRL, next quarter is going to be horrible. Get out of the stock before it goes BK. Less
1 Reply to debbie08730
ivodirect • Dec 8, 2014 6:45 PM
debie08730 idiot imbecile .....
debbie08730 • Dec 8, 2014 7:17 PM
resort to name calling when you have nothing intelligent to say......you must be down so much money, ouch...I feel sorry for you, truly I am.
1 reply to debbie08730
billknight3402 • Jan 17, 2015 4:59 PM Remove
There are a lot of people who have lost a lot of money here and they are very sensitive and rude. You are simply telling the truth, but they will never listen. I have tried to convince a friend to sell his shares all the way down from $30, but he is also very hard headed.
It does absolutely no good to try and have a meaningful conversation with them. They just revert to name calling or worse. I am trying to curtail my posts here because of that. I never got caught up in one of these %&@ ing contests before and rarely post anything. I started posting here to see if logic could convince anybody like my friend, but it has proven just as impossible as with him. Logic does not work
You called the bottom for oil on October 2nd too, but you deleted that post. But you replied to it and Beav and that post is still there. Also if you look for people calling the bottom you will get 59 posts (in just the last 3 months, many hundreds if you lok back further) quoting everybody from CITI to Pickens. ALL WRONG.
ivodirect • Oct 9, 2015 9:44 AM Flag
I DID CALLED the bottom very precisely you monkey #$%$
puremoronyou are beaver
If you still have 130,000 share an average price $2.18, which is what I calculated it based on YOUR posts. It is not a 28% profit, it is over a $70K loss