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DewDiligence

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DewDiligence

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Re: DewDiligence post# 13913

Saturday, 02/25/2017 11:59:08 AM

Saturday, February 25, 2017 11:59:08 AM

Post# of 29247
Barron’s likes RIG in battered sector ripe for consolidation:

http://www.barrons.com/articles/sunken-transocean-stock-could-gush-35-higher-1488000275

Transocean is a likely survivor in a business still gripped by an oversupply of rigs and ripe for consolidation. Ocean Rig UDW (ORIG), Seadrill (SDRL), and Hercules Offshore are smaller, distressed firms that could need to sell assets or themselves.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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