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Friday, 09/22/2017 10:06:38 AM

Friday, September 22, 2017 10:06:38 AM

Post# of 2606
Explaining Recent Moves In Seadrill Stock
Explaining Recent Moves In Seadrill Stock

Summary

Seadrill shares gained ground after bankruptcy announcement.

This has nothing to do with the fundamental situation.

I explain the importance of choosing the appropriate time frame when valuing a thesis.

Seadrill remains a playground for experienced traders. Most investors will be better off staying away from the stock.

In other words the little dogs, who think they are Big Dogs, should understand they know NOTHING.

Shareholders may still get nothing if bondholders do not agree to the plan, but for the coming months the stock is free of this risk - the voting deadline is March 9, 2018.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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