They have a $20 book value per share. Even if sold in a "fie sale" they should get half. Get out your calculator.
December 2015, on a Tuesday at precisely 2:30.
Its going to be a roller coaster rid until oil stabilizes. Hang in there.
It appears you do not have the temperament for investing. Perhaps you should stick to CD's.
I'm assuming you have a large short position. Have at it, and spare me the numbers, I'm an accountant. The numbers you reference change for a variety of reasons, none of which you mentioned.
Let it, I'm in for the long haul.
Just checked my TD account, I'm up 31% in SDRL. Appears to be a gain.
Were you telling us that when it went from 9 to 15? Its a long term play, fundamentals children.
The people on this Board epitomize the philosophy of Mr. Market. Every day they have a fresh new opinion of where SDRL will be.