SDLP is being protected in all these shennanigans. Dividend will also be promised post-restructuring... Statoil recently announce West Elara will drill a well commencing Sept/Oct 2017. But from October, the rig is contracted to ConnocoPhilips.
I'll see you in court for fraud, theft and manipulation
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.
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.....
I think the next earning announcement will be coupled with a 10-1 reverse split...my opinion...
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.
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.
Seems like put all the debt on us then kiss us goodbye. Sad
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.