This stock is only headed one way thats up. I would not want to be short for many reasons. I will only give you my opinion. The assets are worth a bundle. But when and if it is comming oil goes back to $100 ++ this stock is back to all time highs The shorts are finished, their marin calls are in place, just a matter of time.
Just one mans opinion.
Get back to me in a month and tell me if I was wrong !!!!!!!!!!
NO WAY JOSE ! Management will take this stock to new highs in the long term ! Why ,they they have put both their bal--ls and their money on the line. More then I can say about these highly payed "ANALISTS" the flip flopers.
Yes, It is going to take time 2-3 YRS, but if I can double my money in 2 YRS- "NOT BAD" This is just my opinion. Why, do I feel so positive ? For many reasons, the foremost is I think the Management has a plan of action in tact and will execute successfully. The big investor has put up his money big time where his mouth it's not many if any "ANALISTS" can say that, Did I say Barrons ? I forgot who is that big loser ?
I hope the next bonus that he does not get is based on his recommendation/review, but then again being in the media business, he can start selling news papers on the corner of 42nd & 7 TH Ave in NY.
Shorts - BURN BABBY BURN !!!!!!!!!
SDRL has the backing of the bigest bank in Norway. They will be around after you are dead and in the ground and broke !! So, you lose the house , who cares shorties. You asked for it and you are going to get it ! How are your margin calls ???? Simple don't answer the phone. They will just sell you out and your home. So, sad.. Ask your self why did I do it.
I disagree. The black cloud over hagging SDRL is gone for a long time. They have the largest Bank in Norway behind them. I only hope that the P++=$$4@@ K from Barons is short and the fire him. He has constantly bashed this stock. He is nothing more the sh!!22T !!
The party is all over for the shorts. Why ? The Prime Bank in Norway is backing them up all the way. So just keep on shorting, and by the way you call your bank and tell them that you went bust and are nologer able to pay your loans. So what you lose the house, the kids don't go to college. The point is you learned a good lesson, so just let your wife, before she files for devorce..
Call your broker to short more, that's if you did not get a margin call.
Those of you that are short or the Hedge Funds all know this is a financial game that will playout until the earnings. This stock is cheap - dirt cheap ! Keep on shorthing and this is a lesson you will never forget.
Just one mans opinion.
Are the Billionaire buying fools I think not. Just the Funds playing games.
Eventually shorts will get burnt . Why before the opening on 2/26/2015 it will be to late to get out.
Cohen should be fired. How does Citi pay this idiot ?? For what ?? You have to be fools, thats why CITI is selling at these levels !
Just #$%$ ! I closed all my accounts at CITI - You may want to do the same !!!
If this is what you think then short another bundle. So what if you are wrong ! It could only cost you your home your IRA and the Wife leaves you. So short, you know you are right.
You never should have shorted. This will teach you once and for all SDRL was the leader in the Off-Shore Driller and always will be. Just can't wait till the post earnings in Feb. 26. I have no "Magic Ball" what they will be, but I would not want to be short. Why before the stock opens -Pre-Trading it will only go one way UP Up and Away !
Do you think the two biggest buyers Billionaires are fools. No way Jose !
They are both accumulating at these levels.
Take a look a NADL .
It is obvious this is not a $15 stock. Look at book value. Plus the 2015 contracts and the earnings when posted Feb. 25 will push it up past the resistance point of 20. This is not a stock you want to be short on. Why when the post the earnings prior to the open they will close the GAP and 20+ .
Only one mans opinion.
I wish the SEC should look into todays trades by funds especially those that recommended the stock two weeks ago with a target price of $7. Were these the same Funds shorting/selling the stock after recommending it. What caused this amount of volume and who were the sellers/shorters. SEC wakeup and do your job.
This out and out fraud - criminal. Jail time !!
Thanks, I agree. Unless something very negative is in the works, this is just being manipulated by the funds. This stock recently was rated a buy with a target price of $7. If management does not respond to this drop, then they and the Directors should be out the door.
Just one mans opinion !