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Re: bigdog121 post# 1317

Tuesday, 04/04/2017 11:15:51 AM

Tuesday, April 04, 2017 11:15:51 AM

Post# of 2606
Under a buck, dog. Are you still buying?

https://seekingalpha.com/article/4060081-seadrill-lights#alt1

Summary

Seadrill may enter bankruptcy at the end of the month, causing current shareholders to lose most if not all of their position's value.

Investors speculating on the company not defaulting on its obligations may be narrow-sighted.

John Fredriksen (is on your side, he is a billionaire) has recently stated that he does not know how restructuring negotiations will play out with creditors, despite his commitment.
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