Yep! I see no reason to chase this thing any further.
The big money certainly does not seem to be doing it and with any more disappointments this could end up at a buck a share. So why risk more money. If they are ultimately successful the rebound would be more than adequate to compensate us just for hanging on to what we already own.
Just as long as your average is below 10.
I wonder if Tor was sending a cryptic message to shareholders about the div. by leaving for GLNG.
My psychic vision is for second qtr. 2015 for any reduction.
SDRL is not the enemy of Russia.
You might want to post this on the CAT board as CAT is US and the top dog on sanctions against Russia.
CAT has manufacturing plants and office in Russia.
I don't see much of a sell off in CAT.
Did you ask him whether they intend to continue paying for a not needed building they secured and a rather large sales staff that will have nothing to sell for another year.
Or will they continue to waste investor dollars rather than admit that they jumped the gun with their overzealous outlook??
That's what I tell myself about the latest news.
The question I have to answer for myself, is whether to wait for the third and final pitch, or call it a game now, get out, and take my loss. Tough decision to make for small investors like myself.
Right now I'm leaning on getting out. If the FDA had only raised one issue, I could have accepted this as an acceptable mgmt. oversight, but three and a long time delay which will be devastating if not acceptable to FDA, along with the very probable dilution even if accepted is just to much risk from this point on.
You really have to wonder if mgmt. doesn't want these things to occur this way so they can take our shares on the cheap before an eventual approval that they might know is coming.
Anyone feel likewise??
The real answer to your question lye's with the push to globalize trade and commerce.
To export American jobs,destroy unions, and create a state by which only the well to do can prosper.
It all comes down to a system with declining morals.
From Nixon's Watergate to Clinton's assurance that he did not have sexual relations with that woman.
Our eyes are open, and that is why less than half the population even bothers to vote.
Avoiding taxes is not even the worst of it.
Did you watch Sixty Minutes?
Paul, we know how successful they are, but you did not address blorfinton's comments, which I thought were excellent, and which I tend to believe myself.
They are programmed time release devices that will only release so many pills in time intervals.
If this needs to be adjusted or you lose one on the floor the patient will have to tell the nurse or go without their pill.
It's just so obvious, you would think any idiot could figure it out.
Now doesn't that make you feel better?
Actually makes me laugh.
He is committed to Hemen Holdings and is committed to buying SDRL shares on the cheap for his family trust.
Of that you can be assured.
You people make me laugh.
I've heard that line about div's being assured so many times, and then being cut and eliminated.
Companies like FRO,ACAS,AINV and others.
You are so very right.
Even the steel industry has not yet recovered from pre crash days.
I think we know why JF continues to sweet talk us, as though he has some sort of crystal ball.
" Buffett's most famous quote is: "I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.”
I think that Buffett comment was in regards to the US stock market as a whole, not on an individual basis.
Buffett never sits on company stock when the company fundamentals deteriorate.
Oil has always had it's boom and bust cycles. And yes, it has always come back, while shedding some of the weaker players who tried to grow to fast and were careless with their finances.
I really doubt that SDRL would have been the type of play that would have interested Buffett.
Sorry to have to disagree with you on this.