Good chance for gamblers here, put a few thousand dollars here, if you are lucky, win big or lose all. Anything positive in earning will move this POS up.
I think the next earning announcement will be coupled with a 10-1 reverse split...my opinion...
Time to load up folks if you haven't already. Nice gains, they are a comin'. The shorts here are the only ones bashing this stock. Why.....? They're trying to squeeze every penny out of this. But guess what? They're about to lose some serious profits. Oh well, that's what happens when you get too greedy. JMO.....
Slow melt down market is starting to price in the bankruptcy.
Back in boys....... Used a couple hundred thousand from my profits trading SDRL in the last year. Expect 30-50% profit in the short term. We shall soon see. If it doesn't pan out, oh well. Still up over 200K on this stock alone. Remember folks, play the swings. Eight times out of ten, you'll make some bank. This is exactly what the big boys are doing. GL folks, and happy trading.
Who is trading this stock? Volume is showing more than 2 million today. Even after the company said that bankruptcy is likely, people are buying it, very strange.
I am so glad I got out of this a couple of weeks back. Salvage what you can of your investment and get out of this. Just looking in and thinking what a lucky escape I had, by taking my losses and getting the hell out of Dodge...
How did we get here ? Thirty - eight rigs. Profit 1.9 billion cash - 1.5 billion - debt 9.90 billion. market value 169 million?
Please tell me some of the #$%$ that destroyed thos company are gonna be carted off to prison?
Why waste the ink for de-listing. SDRL will soon de-list itself.
Looks like its done, Loan date 2030 no BR
Slow and painful death for the investors.
Rig count down by 4, the pigs must be happy.
Its sad that this company will go to chapter 11 wiping out shareholders, just when oil is balancing.
Or is it just greed by JF and lenders, who first made irresponsible bets and did not pay down debt when earnings where very high, than they want it all for a pittance.
Not holding this one but used to and still follow it out of curiosity. Looks like a lot of people got F'ed to me. Classic pump and dump occurred this week. I seriously hope people dont seek investment advice on Yahoo boards, because many of the people posting on these boards seem like nothing more than gamblers.
Well played JF, you pig-faced #$%$. You pumped them up to break 'em down. And still the SDRL Lemmings come back here time after time. Well this particular Lemming has walked off her last SDRL cliff.