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MisterEC

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MisterEC

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Re: guchu post# 1637

Wednesday, 02/01/2017 12:11:05 PM

Wednesday, February 01, 2017 12:11:05 PM

Post# of 2607
I'm On The Wrong Side Of The Seadrill Trade

I'm On The Wrong Side Of The Seadrill Trade

Summary

Higher oil, higher share price, and less dilution; that's where my long thesis rested.

But negotiations in the restructuring process are slipping, bondholders aren't going down without a fight.

Considering the recent PR from Seadrill management, it is more apparent now this may not end well for shareholders.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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