look at all the bad news out there. its going down
rig will have a bad week based on all that neg. news s oil prices droping. dividend cut. huge supply of oil reservs. production cost are high. gona have bad earnings. sell before the big drop.
stock will open .75 cents less because of dividend + pepole will sell because of reduction in dividend
rig could have a big drop next week. there earnings cant be good considering the oil market and lack of demand for there rigs. watch out below.
rig is going down same path as sdrl but with older rigs
rig is going to go down like sdrl did. same situation maby worse older rigs