Ocean Rig UDW Inc. (ORIG)

[eastunder]

Unfortunately George doesn't always have something behind his behavior that is positive. You know that. When he announced he would possibly take ORIG bk - everyone ignored that thinking George was up to renegotiating loans and it was a trick. A last ditch effort. Hell - even I thought that at first. George style, he's done it many times over the years with both companies who wouldn't think the obvious.

But now filing for BK shouldn't be a surprise to anyone - he flat out told us he would do it.

And for once he kept his word.

He did it.

The Nasdaq issue is a delay tactic. No one wants their company stock immediately dropped to the OTC market.

This isn't a LT thought pattern for recovery. Shareholders will be wiped out - but this thing could crazy trade.

Have fun! And bank that right and left!

Good luck, Wolf!!