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Allergan Inc. Message Board

radmanjeff63 1 post  |  Last Activity: Nov 5, 2014 12:51 PM Member since: Aug 22, 2012
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  • radmanjeff63 by radmanjeff63 Nov 5, 2014 12:51 PM Flag

    Now is the time to be buying assets at fire sale prices and not selling. Alot of O&G companies are seeing their share prices at 10 yr lows and nobody is buying for top dollar. Look at SDRl and how they have been crushed. Day rates have dropped from 500-600k to 200k for long term contracts being signed in that end of the business. The 2.5Bill China deal with the North Sea buyout should have been cancelled or renegotiated months ago. They are getting that kind of money for an an asset that TLM values at around 600Mill for its 50 % of ownership from what I am reading now? Now with oil going lower with the Saudi's playing poker and dropping their price to undercut the USA's production is frankly insane. Our company is going to below $5 a share before Christmas and then the funds will be dumping fah la la!!

    Sentiment: Sell

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