Moody’s already downgraded Transocean’s credit rating in February, and Standard & Poor’s did so back in March. Fitch analyst's are always late doing their homework .... Meanwhile RIG's chart is looking great.
This was the tell to buy for me... I bought 20,000 shares every time RIG hit Chang's price.
I accumulated a lot of RIG the past 2 days. Holding 19,0000 shares now at 16 avg cost.
BS article! It should be titled "he said she said in a Mexican court". Allegations made are totally unsubstantiated and were published for shock value by unscrupulous Barons employee Levisohn to aid his short play. No employees of Transocean are named / involved in this claim dating back to 2008 where one Petrobas employee offered another Petrobas employee a cut of his commission for his support.
Barons is not a credible source for anything.
A 60 year old Chinese American business veteran, who has been selected by various corporate boards, is no dummy!
Vanessa Chang, Director at Transocean, bought 1,500 shares of the company's common stock on September 2. She bought the shares at $13.50 for a total of $20,250.00.
WLT is working with its debtholders to establish a modified capital structure plan.
Walter had $435 million of cash and vestments at the end of March... according to the filing. Walter SAYS IT'S working with bondholders To weather a highly competitive and challenging market. They are receiving the benefit of the doubt that they will be able to weather the low coal prices until thing pick up again.
The move “does not reflect a current liquidity issue” as Walter had about $435 million of cash and investments at the end of March, according to the filing. Walter said it is working with bondholders “to weather a highly competitive and challenging market.”