Well at least we agree on YHOO and BABA. BABA is going way down from here (some say $85) There are well over a billion shares that will be free to trade after the lock-up expires. To do a put on BABA is too expensive at these levels because so many people are all playing that. Will be interesting to see and watch though.
With a 50% possibility of SDRL going bankrupt would you really suggest that this new investor take this chance? LINE also has K-1's for him to deal with on his taxes and as a new investor I doubt he even knows what the impact of these will be. And since he has just opened a trading account it is unlikely he is approved for trading options and that is probably a good thing.
I did the same trade on YHOO (Sold @$51), but not BABA. I think they are headed much lower when billions more shares are released. Not sure enough to buy a put at current prices though.
Hot doggie, somebody actually looked at it!!! Congrats on your DD. I don't know if it was for your own edification or for an attempt to correct me, but at least you gave the report some perfunctory review.
I think the reason for the price being higher in the out years is the same as mine. The cost of oil production cannot continue at these levels for an extended time with it being less than than the actual cost for most suppliers. Some will go out of business and some will survive. That is just how things work. But there are so many things working against SDRL it doesn;t look good (IMO). Good luck,
That is the most fool hearty ridiculous statement I have even seen here. I hope you don't need the money you invested in SDRL for anything. It is a pure speculative play on your part at this point.
I also have little invested here, but it is on the short side via puts. Most of the people posting here are longs and have been hurt badly and are looking for a resurrection that isn't going to happen. Just like a friend of my who is ling SDRL and won't give up.
I have posted data from the EIA and they still won't listen. They throw all kinds of derogatory names at you once you post anything negative. So beware about your posts here.
I think there is better than a 50% chance SDRL will go belly-up if oil stays here much longer. Everyone including the CEO thinks things will go back to normal soon. I don't think we will see $100 oil again and many can survive at $50 oil, but only the lowest cost producers can survive at less than that (based on an earlier post of mine, also from the EIA about supply costs.
I would be very cautious about investing in SDRL. WAY too many things are way too wrong.
Did you see the EIA estimates for 2015 and 16? In 2015 production in the U.S. is suppose to go UP 100,000 bbls a day (3 Mil a month above 2014 levels) and in 2016 300,000 bbl/d (9 mil a month). I took this directly from the EIA forecast yesterday. I don't know where they are going to put it. Something has to give and right now it is the price. This has been enjoyable when filling up though.
Well everybody and their sister has been forecasting oil, might as well give the EIA a little bit of a say in this matter. They have hundreds of people doing this forecast ALL DAY and here is what they say. Below was cut an pasted directly from the EIA website. Looks like more oil on the way boys!
Total U.S. crude oil production averaged an estimated 9.2 million barrels per day (bbl/d) in December. Forecast total crude oil production averages 9.3 million bbl/d in 2015. Under EIA's price forecast, projected crude oil production averages 9.5 million bbl/d in 2016, which would be the second-highest annual average level of production in U.S. history; the highest was 9.6 million bbl/d in 1970.
Goof choice. #1 holding us GILD and .75% expense ratio. Never heard of the manager though and total return last year was33%. Also a Fidelity fund.
I have never seen a company with a balance sheet this bad and cannot understand why anyone would buy FEYE (let alone a company like IBM who has enough of their own problems). What am I missing here??????
He already knows, he has been in this puppy as far back as Yahoo keeps records. Audio too and ibodirect probably owns nothing, I looked at his posts and he lives in Brazil said he made $47K on a $100K investment, bought his daughter a new car with his trades that were obvious losers and he covered that by saying he was in and out 20+ times. Total BS and pain by all. They call everyone rude names and slam them with flack. I don't know how I got drawn into this. Before SDRL I only looked at message boards for sentiment, but this has drawn me in for some unknown reason. I should just STOP THIS!!
Debt is a big issue, but in 2015 drill rates and keeping drillships with work will be as important. If all their new ships are parked or drilling at a lower rate this will crash in a short period of time. If oil goes back up to the $70 range they may survive, but I am enjoying cheap gas.
Sentiment: Strong Sell
"An amendment process for North Atlantic Drilling's secured credit facilities, whereby Seadrill will provide a guarantee, has also been launched." Reuters Look it up it true
Which has now been more than cut in half. Yep $80 was the bottom for oil. and $37 was the bottom for SDRL. Nice calls.
He did the same pump on HLF ALL THE WAY DOWN,. Saying it would go to $110 then later calling Bill Ackman an idiot and later calling what he was doing illegal and all the shorts there too. He is such a fraud!
Still think HLF is going to $110???????????? Well it's been almost three months! How's HLF working out for you?
agree, plus i live in Brasil , i see things ... I know now why he is so rude. He lives in Brasil and probably doesn't own ANY stocks or even a pair of shoes. Just here to harass rich Americans with his solar powered laptop.