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Transocean Ltd. Message Board

pgpgo 46 posts  |  Last Activity: Dec 18, 2014 9:36 AM Member since: Oct 23, 2000
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  • the pigs have beat us poor longs to death laughing in our face......will i say pour on more hot oil. and listen to them scream and hold those shares........sold my swing trade to early but made xmas cash ,,,,,,,,,,have lots of shares on the shelf in storage but at least the divi made me feel better......congrats longs who have held....why sell now?

  • Reply to

    About to throw in the towel !

    by andreakirk Dec 12, 2014 7:01 PM
    pgpgo pgpgo Dec 13, 2014 11:11 AM Flag

    believe me its true......made enough cash for trading the past 25 years or so......so no complaints as self employment is the best......problem was got greedy with gtat and then after trading went back in and a few days later gtat went chap 11 ......trade halted at around 12 bucks oct 6th......when gtat opened an hour later the price was a buck.......now gtatq 30 0r 40 cents.......so yes in one big blast all gone.....and who would have guessed rig at these prices even back in july....but yes am tired of mistakes and worrying about the world news and talking heads.....nice to be off the screen and enjoying the few years i have left......and now with mostly cash that is what i am doing.......but who is selling at these prices besides tax and margin is beyond me......good luck..time to hit the woods......

  • Reply to

    About to throw in the towel !

    by andreakirk Dec 12, 2014 7:01 PM
    pgpgo pgpgo Dec 13, 2014 7:57 AM Flag

    i lost almost half my life savings in gtat.......and now rig is the only stock i own......so can feel your pain......why i did not get out of gtat at 20 instead of one dollar still makes me mad at myself but no more stocks for me.....of course will keep rig.....for how long?..........who knows?and to think my cost basis is 51 which at the time seemed o.k.....hurts to look in the mirror......

  • pgpgo pgpgo Dec 12, 2014 11:11 AM Flag

    you got that right.......after trading and investing for over 25 years it has been a lesson in pain and patience.......but at these fire sale prices anyone buying now and can hold for a few years will be will rewarded....i just wish i had more cash but at this point not going into margin......been down that road and it is pain.....have never ever got in at the bottom or out at the top........just want to make some beer change to lesson the pain of my long position at 52.......which will be years....then again we have all seen how the drillers can move.....up or down....good luck...

  • pgpgo pgpgo Dec 12, 2014 10:23 AM Flag

    and now i am in the green and going to hold......why not?........so instead of concuring start buying........green on the screen........

  • some point the free fall of insanity has to stop....and today is the day.............loaded up 500 shares at 17 after selling the 500 i got at 18.25 for 18.75...........yes chump change but better than just doing nothing.......so relax and enjoy the coming weekend......its all a bad joke anyway......anyone else buying at these levels?........look at sdrl....who would have guessed?......at least i got out of it at 38 for a nice profit......of course am stuck in rig at 52 bucks.......will be years but at least should make some change on the way back up.......

  • Reply to

    could not resist a bounce play.....

    by pgpgo Dec 8, 2014 10:25 AM
    pgpgo pgpgo Dec 8, 2014 11:21 AM Flag

    not in margin so dont mind waiting......of course this price is a joke.......like some of the posters here who know all............old indian saying......"those that know nothing will tell you everything.....those that know everything will tell you nothing..".........so true with this board...good luck.....

  • anyone else?.......in at 18.25........have plenty on the shelf so just want a quick hit over 19 or 20.......at some point this will be a joke.......not funny now though...........

  • selling or buying ......question is where will the drillers be in five years?.......at which point i will be 75 years old.....at least my only stock is rig......and thanks to social security just have to suck it up......and to think i thought rig was a safe play............but this price is insane......would maybe buy more but never again going into margin......been through that nightmare......

    Sentiment: Hold

  • should i cover now?..........i love sdrl.....anyone buying?..............life is good.....so go long now and be strong?............or will tax selling make this go lower?............

  • zero longs are in the green now........and with the future not a given one must decide what to do.......the shorts have had their fun.......but the shorts are not a probllem.....the whole oil sector is down......for months now......and who would have guessed this insane ride?...............i have one stock now...its rig and i hate it but at this point refuse to sell at the near bottom after years of pain......have accepted the fact that it will be years before rig runs with the big dogs again.......so just hope the divi stays ......if that is possible......am so depressed now that i feel immune to more pain........i mean i still wonder outside of tax sellers who is selling this stock at these multi multi year lows.......so hang on or be gone........happy turkey day...yeah right....

  • again....i am starting to feel like i put my life savings into a buggy factory and horse farm at the beginning of the automobile age......i mean is there a chance that the oil drillers are done?.........just to expensive.....folks driving less....electric cars......warmer winters......not selling or buying....but now am worried........who here would have thought a year or so ago when rig was 55......and where i bought it........that rig would be in the 20's today?...........had to vent.....but is going to be awhile......and i almost bought facebook at 25.........but figured rig was a safe hold........yes it hurts............

  • Reply to

    Dont Mess With Danfloyd50

    by president_abe Nov 10, 2014 6:52 AM
    pgpgo pgpgo Nov 10, 2014 7:35 AM Flag

    very nice informative post......thank you.....and is nice to wake up monday morning to green on the screen.......hope you keep us informed on the divi and its future........thanks again....

    Sentiment: Hold

  • after down so much and now almost back to yesturday's close just maybe the bad news is priced in?............coming back so fast surprised me.......but will take it.......am out of here so have a good weekend all longs,,,,,,,,

  • Reply to

    news is out....a horror show....

    by pgpgo Nov 7, 2014 6:27 AM
    pgpgo pgpgo Nov 7, 2014 6:40 AM Flag

    and to think at my age i figured that oil was a safe play......am done with the whole stock market.....it is a big casino.......will hold for the divi but how long will it last?.......do not need anymore capital gains write offs......but now tax selling this pig will increase......good luck......and with all the new rigs coming online day rates will go lower.....this will be years.......

  • down 3 bucks pre-market......so so so so sick of oil.....years before it comes back and i am now 70 years old.....so depressed...its sick......sick....

  • Reply to

    at least we got the divi.....

    by pgpgo Nov 5, 2014 8:26 AM
    pgpgo pgpgo Nov 5, 2014 9:03 AM Flag

    who knows?.........i am taking it one divi at a time.....at least up pre-market.....

  • better than nothing......and in time for xmas..............or the liquer store?........and not to long ago rig was 160 a share..........yeah...buy and hold?..........

  • go figure............ok....whole oil sector is getting hammered....at least i sold my sdrl at 40........did one thing right.....would like to buy rig here but have enough as it is....for years now at 52 basis.........anyone buying?

  • Reply to

    how much have longs lost so far?

    by pgpgo Oct 31, 2014 7:54 AM
    pgpgo pgpgo Oct 31, 2014 10:20 AM Flag

    i agree with you......i was concerned about the contract and the debt.......but chapter 11 was a complete horror show.....yes time to move on......now in eght cause a real company and zero debt...good luck..

RIG
18.89+0.120(+0.64%)Dec 26 4:05 PMEST

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