Seadrill Ltd (SDRL)

[MisterEC]

Seadrill Is A Short Right Now


"lot2
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You longs should have exited SDRL during the last squeeze that took SDRL up to $7! Hoping that another squeeze like that will come is a bit too optimistic. The volatility in SDRL has dried completely up. Few squeezes here and there after the run up to $7 and now the stock is breaking support. There aren't many shorters at these levels. Most who are still short SDRL have entered way higher then $7. They didn't cover then and certainly won't cover now because the odds here are stacked against SDRL.

29 Jul 2016, 03:22 PM"