While SDRL sanks to the lowest.
Well, it is crazy, as it is up to funds to move this POS. They can dump whatever they want, buy it with their own money, before pumping it back and Upgrade.
from $47s to $49s yesterday and today???
Chk will be taken over too, but probably at book value of around $9, and management might not accept it.
Just trade imbalance? Buying opportunity?
UCO gain $1.20 yesterday and only lose $0.74 now. Why Chk lost pennies yesterday and dime+ now???
Will LVS be able to hold well like on Monday???
Will mpel gain again?
the market merely went up and down to about flat now.
Everyone knew that $60/barrel for drillers to be profitable, but that was for FAT operation with overhead.
Atmel rumor contributes to it too, but clarification does not help.