unregulated??? are you efffing kidding?? there are tons and tons of regulations mostly put in place by lobbyists and special interests to block free capitalism
don't be a fool captain, PSEC is a Ponzi like company. O is a waaaaaaay smarter bet. You want to own physical real estate or dubious quality paper???
why?? it is at 28 today and they are not in a good position going forward. Sub 20 I would maybe buy some but not before
good grief man, in another few weeks the whole company will be free
Oversupply of rigs and it takes forever for the supply demand equation to come back into balance in such an infrastructure intensive industry. Especially with the advent of fracking on land and oil prices falling. It is bad bad news for SDRL.
yes sir, they should have done this 2 years ago. they are killing the industry by adding too many rigs. Look at FRO and DRYS, once there is oversupply of infrastructure the situation takes years and years to reverse