If you believe even half the things you say on this board, it would be very evident you have little understanding of how the market really works. You are only giving your perception of how it works. Which comes from an very biased viewpoint. Try being objective and someone might listen to what you have to say instead of mimicking what the analysts say.
DO you really think this is news? DO you really think they have come out with something , at least, original? The market has been hearing about declining dayrates for nearly a year. Barclays was the first to downgrade the entire sector in JAN. Market looks 12 months out so 2015 is already factored in. Anything said from this point forward is for 2016.
Putin is not a team member in the global community. Notice how he did nothing with Ukraine/Crimea while the Olympics were occurring....also, he did nothing with Ukraine before the Olympics because he didnt want to spoil to event. He specifically waited after the conclusion and invaded. That is a megalomaniac that cannot be trusted at all.
this stock is not to be owned, just traded, thats is all its good for. Short til $47 or lower, then buy and sell at $50.
Agree with you on the sanctions, but about trading SDRL, anyone buying under $35 will book profits THIS year. No such thing as dead money in the energy space.
Russia is not in the driver's seat with this one, it is a known that about 2/3 of Russia's GDP is dependent on energy exports and that Russia needs approx $100 oil to fund their economy. Putin knows it too.
fair enough, both RIG and SDRL will do just fine. Bought some SDRL this morning. I will hold both RIG and SDRL for 2 years and reap the moooolah!!
The company has publicly stated the dividend is safe through 2016, and, it appears that you have been very affected by the recent sentiment, which is going to stop you from making a good trade. When you sold at $39, at what price did you buy? and why did you buy it then? When its back at $39, where you sold, then see it you were smart not buying this fear.
looks like you are playing the same game as gasman and the rest of the bashers, you are willfully inciting fear by your remarks. In that way, you are no better than them. Not only are you bashing SDRL, but the industry that YOU are invested in.
Your opinion is a dime a dozen...YOU are a follower, a parrot, a herdee...you are being playing you stupid fool. Buying more RIG, SDRL...See you at $45 by the beginning of FEB 2015.
I just love when people get on a board and tell everyone where a stock or the stock in general is headed. It is 90% of the time a losing proposition. I laugh everytime someone gets on here and makes their call. One could do better literally flipping a coin. You all can make any call you want and listen to whoever you want, but the market WILL make a fool of you. It does it everytime.
I am holding my VLO also, you gotta wonder why the low PE?? PSX has a PE almost twice that of VLO and is down less than 2%
Thats TRAILING PE, einstein...I dont count forward PE as it is not realized yet.
SDRL will be in the $20s WAY before RIG ever crosses that line. SDRL will end that divy beginning of next year.